Stock market advances in early deals on fresh foreign fund inflows, India-U.S. trade pact

3 months ago 1
ARTICLE AD BOX
Traders respond  aft  fluctuations successful  banal  market, successful  Kolkata. Image for representational purposes only. File

Traders respond aft fluctuations successful banal market, successful Kolkata. Image for representational purposes only. File | Photo Credit: PTI

Benchmark indices Sensex and Nifty were trading higher successful aboriginal commercialized connected Wednesday (February 4, 2026), gathering connected erstwhile day's crisp rally, amid caller overseas money inflows and affirmative sentiment pursuing the India-U.S. commercialized deal.

A crisp diminution successful IT stocks, however, restricted the rally successful the markets.

The 30-share BSE Sensex precocious 68.49 points to 83,816.96 successful aboriginal trade. The 50-share NSE Nifty went up by 51.90 points to 25,779.45.

From the Sensex firms, Mahindra&Mahindra, Power Grid, Reliance Industries, NTPC, ICICI Bank and ITC were among the biggest gainers.

Infosys, Tata Consultancy Services, HCL Tech and Tech Mahindra were the biggest laggards, declining arsenic overmuch arsenic 5%.

The BSE IT scale tumbled 4.95% to 35,311.34 successful aboriginal trade.

Foreign organization investors turned buyers connected Tuesday (February 3, 2026) arsenic they bought equities worthy ₹5,236.28 crore, according to speech data. Domestic Institutional Investors (DIIs) bought stocks worthy ₹1,014.24 crore.

India and the U.S. person agreed connected a model for a commercialized woody nether which Washington volition bring down tariffs connected Indian goods to 18% from the existent 50%. The announcement is important due to the fact that the U.S. has imposed a steep tariff connected Indian goods entering American markets, effectual August 27, 2025.

In Asian markets, South Korea's Kospi traded higher, portion Japan's Nikkei 225 index, Shanghai's SSE Composite scale and Hong Kong's Hang Seng scale quoted lower.

U.S. markets ended little connected Tuesday (February 3, 2026).

"The rally fuelled by the U.S.-India commercialized woody volition look hurdles to sustain. The IT selloff successful the U.S. yesterday volition resistance the Indian IT index, too, constraining the rally successful the Indian market," V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

Brent crude, the planetary lipid benchmark, climbed 0.68% to $67.77 per barrel.

On Tuesday (February 3, 2026), the Sensex ended astatine 83,739.13, up 2,072.67 points oregon 2.54%. The Nifty zoomed 639.15 points oregon 2.55% to settee astatine 25,727.55.

Published - February 04, 2026 10:54 americium IST

Read Entire Article