3 months ago
1
Stock marketplace benchmark indices Sensex and Nifty ended 2.5% higher connected Tuesday (February 3, 2026) aft India and the U.S. agreed to a commercialized woody nether which Washington volition bring down the reciprocal tariff connected Indian goods to 18%.
After starting the commercialized connected a buoyant note, the 30-share BSE Sensex further jumped 4,205.27 points oregon 5.14% to deed the day’s precocious of 85,871.73. It aboriginal ended astatine 83,739.13, up 2,072.67 points oregon 2.54%.
The 50-share NSE Nifty zoomed 639.15 points oregon 2.55% to settee astatine 25,727.55. During the day, it surged 1,252.8 points oregon 4.99% to 26,341.20.
India and the U.S. person agreed to a commercialized woody nether which Washington volition bring down the reciprocal tariff connected Indian goods to 18% from the existent 25%, U.S. President Donald Trump said connected Monday (February 2) aft a telephone speech with Prime Minister Narendra Modi.
From the 30 Sensex firms, Adani Ports surged 9.12%.
The different salient winners were Bajaj Finance, InterGlobe Aviation, Power Grid, Sun Pharma, Bajaj Finserv and Reliance Industries.
Tech Mahindra and Bharat Electronics were the lone laggards.
The commercialized woody besides propelled a crisp rally successful textile, leather, gems and jewellery, seafood exports and speciality chemicals stocks.
“Indian equities experienced a important rally today, driven by the long-anticipated India–U.S. commercialized woody and a strengthening rupee, which boosted expectations of renewed FII inflows.
“The simplification of U.S. tariffs connected Indian goods from 50% to 18% enhances India’s competitory presumption among emerging markets and bolsters the outlook for export-oriented sectors with precocious U.S. exposure, specified arsenic textiles, aquaculture, gems and pharmaceuticals, which were supported successful the 2026 Union Budget,” Vinod Nair, Head of Research, Geojit Investments Limited, said.
In Asian markets, South Korea’s Kospi rebounded sharply and jumped astir 7%. Japan’s Nikkei 225 index, Shanghai’s SSE Composite scale and Hong Kong’s Hang Seng scale besides ended higher.
European markets were trading successful affirmative territory.
U.S. markets ended higher connected Monday (February 2).
Foreign organization investors offloaded equities worthy ₹1,832.46 crore connected Monday (February 2), portion Domestic Institutional Investors (DIIs) bought stocks worthy ₹2,446.33 crore, according to speech data.
Brent crude, the planetary lipid benchmark, dropped 0.65% to $65.87 per barrel.
On Monday (February 2), the Sensex jumped 943.52 points oregon 1.17% to settee astatine 81,666.46. The Nifty climbed 262.95 points oregon 1.06% to extremity astatine 25,088.40.
