Indian stock markets recorded a strong rally on Tuesday, 3 February, following confirmation of a trade agreement between India and the United States.
The announcement eased concerns around tariffs and cross-border trade, encouraging buying interest across sectors.
Benchmark indices posted sharp gains, supported by improved investor confidence and strong market breadth.
The BSE Sensex rose more than 4,200 points, gaining 5.1% to touch an intraday high of 85,871.73. The NSE Nifty 50 climbed 1,252 points, or 5%, to 26,341.20 during the session.
The rally marked one of the strongest single-day moves in recent times.
The sharp rise in equity prices led to a notable increase in investor wealth. Within the first 15 minutes of trading, market capitalisation expanded by around ₹13 lakh crore.
The total market value of companies listed on the BSE increased to approximately ₹468.32 lakh crore, reflecting widespread participation in the rally.
The primary trigger for the rally was the announcement of a trade agreement between India and the United States. US President Donald Trump confirmed that reciprocal tariffs on Indian goods would be reduced to 18%, from an earlier level of 50%.
In return, India agreed to lower tariff and non-tariff barriers on several US products, providing clarity after months of uncertainty.
| Symbol | Open (₹) | High (₹) | Low (₹) | Prev. Close (₹) | LTP (₹) | % Change |
| ADANIENT | 2,150.00 | 2,233.40 | 2,131.10 | 1,995.40 | 2,183.50 | 9.43% |
| ADANIPORTS | 1,477.20 | 1,520.00 | 1,477.20 | 1,403.10 | 1,506.30 | 7.36% |
| Symbol | Open (₹) | High (₹) | Low (₹) | Prev. Close (₹) | LTP (₹) | % Change |
| ONGC | 259.70 | 262.00 | 249.35 | 253.95 | 250.20 | -1.48% |
| COALINDIA | 437.00 | 437.00 | 420.50 | 423.50 | 421.65 | -0.44% |
Read More: Adani Power Share Price in Focus; Announces Q3 FY26 Results.
The sharp market rally on 3 February highlighted the sensitivity of Indian equities to global trade developments. While the India–US agreement has improved near-term sentiment, market participants are likely to remain attentive to how the deal is implemented and its longer-term impact on trade flows, earnings and capital markets.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 3, 2026, 10:31 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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