Indian stock markets kicked off the trading week with a powerful rally as benchmark indices responded enthusiastically to news of a major trade agreement between India and the United States. On 3 February 2026, the BSE Sensex jumped roughly 2,300 points at the opening bell, while the Nifty 50 climbed about 700 points early in the session, marking one of the strongest market reactions in recent months. This dramatic move came after leaders from both countries confirmed a long-awaited trade deal that significantly reduced tariffs on Indian exports to the US, eased longstanding trade barriers, and strengthened bilateral economic ties — sending a clear signal of improved prospects for corporate earnings and foreign capital inflows. What the Trade Deal Entails Under the agreement, tariff rates on many Indian goods exported to the US were lowered — reportedly from historically high levels to much more competitive rates. In return, India has agreed to reduce certain trade barriers, harmonise tariff structures, and strengthen cooperation on broader economic issues. These terms sparked immediate optimism among investors and analysts alike. The deal comes against a backdrop of previous tariff tensions between the two countries, which had weighed on trade volumes and investor sentiment. Markets… Read MoreBusiness Archives – Trak.in – Indian Business of Tech, Mobile & Startups
