Stock Market on 3 February 2026 | Sensex, Nifty Updates: The Indian stock markets opened higher this morning with Nifty jumping 750 points and Sensex opening 2,400 points higher hours after the much-awaited India-US trade agreement in which Washington agreed to slash its tariff on Indian goods to 18 per cent in exchange for New Delhi halting Russian oil purchases.
US President Donald Trump on Monday in a post in his social media account Truth Social -- announced a trade deal with India that slashes US tariffs on Indian goods to 18 per cent from 50 per cent in exchange of India halting Russian oil purchases and lowering trade barriers.
His post was followed by one from Prime Minister Narendra Modi, who conveyed his "Big thanks to President Trump on behalf of the 1.4 billion people of India for this wonderful announcement".
Here are the Stock market LIVE Updates:
Stock Market Live Updates: Textile, leather stocks jump
Textile and leather stocks surged as much as 20 per cent this morning after India and the US agreed to a trade deal under which Washington will bring down reciprocal tariff on Indian goods to 18 per cent from current 25 per cent.
Shares of KPR Mill surged 20 per cent, Garware Technical Fibres zoomed 20 per cent, Welspun Living jumped 19.85 per cent, Vardhman Textiles 19.60 per cent, Trident jumped 19.52 per cent, Raymond Lifestyle climbed 9.56 per cent and Page Industries climbed 5.31 per cent on the BSE.
Sensex, Nifty LIVE Updates: Sensex firms
From the Sensex firms, Adani Ports, Bajaj Finance, Eternal, Bajaj Finserv, InterGlobe Aviation and Reliance Industries were trading sharply higher in the range of 7.2-3.7 per cent.
ITC emerged as the only laggard from the blue-chip pack.
Sensex Today | Nifty50 | Stock Market Live Updates: Adani Stocks Jump
All Adani stocks surged after the India-US trade deal.
Stock Market on 3 February 2026 LIVE Updates: Sensex Soars, Nifty Opens Above 26,300 As Markets Cheer India-US Deal
Battered by the budget 48 hours ago, the markets swung violently the other way Tuesday morning after US President Donald Trump announced the long-pending India-US trade deal had been agreed.
Rupee At 90.4 Per Dollar, Gains 1.2% After US Reduces Tariffs On Indian Goods
Rupee at 90.4 per dollar, gains 1.2 per cent after US reduces tariffs on Indian goods
India-US Trade Deal Live Updates: Understanding the agreement
India and US signed a new trade deal last night in which Washington agreed to slash US tariffs on Indian goods to 18 per cent from 50 per cent in exchange of India halting Russian oil purchases and lowering trade barriers.
With the new deal in place, India is now among the nations facing one of the lowest tariff rates from the Donald Trump administration compared with other major Asian economies, including China, Pakistan, Indonesia, Bangladesh and Vietnam.
Stock Market Live Updates: Nifty Jumps 750 Points, Sensex Opens 2,400 Higher Hours After India-US Deal
The Indian stock markets opened higher this morning with Nifty jumping 750 points and Sensex opening 2,400 points higher hours after the much-awaited India-US trade agreement.
Stock Market Live Updates: Rupee Opens Stronger At 90.40 Against US Dollar
Indian Rupee opens stronger at 90.40 against US dollar, strengthens 1.10 rupee
Stock Market Live Updates: Asian stocks rebound
Gold and Asian stocks were on the rebound today as trade took a calmer tone after wild swings in metals markets, with the mood helped overnight by a sharp jump in US factory activity.
Japan's Nikkei jumped 2.5% to recoup Monday losses and South Korea's KOSPI rose 4%. Futures pointed to a recovery in Hong Kong while S&P 500 futures were up 0.3% with traders eyeing a busy few sessions of earnings.
Indian markets are likely to open higher, buoyed by the India-US trade deal, which is expected to attract foreign investor inflows.
