Sentiment is everything in the markets, and the India-US trade deal was a much-needed win after a prolonged rough patch. For foreign investors, strong and predictable trade relationships are crucial. A firmer US-India partnership also signals better geopolitical alignment and policy stability, reducing the risk of abrupt trade disruptions.
By CNBCTV18.com February 3, 2026, 10:51:02 AM IST (Published)

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1. Indian markets saw a sharp upmove at the start of trade on Tuesday after the India-US trade deal was announced on Monday night. The Sensex gained over 2,000 points, while the Nifty saw a gain of over 1,000 points in early trade.

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2. The 1,200-plus points surge seen on the Nifty 50 in early trading on Tuesday was the biggest single-day gain in history that the index has seen in absolute terms.

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3. The initial upmove saw BSE-listed companies add nearly ₹20 lakh crore in market capitalisation. The number, which jumped to ₹474 lakh crore from ₹455 lakh crore on Monday, now stands at ₹466 lakh crore.

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4. Textile stocks saw a sharp upmove after the deal announcement, Shares of Gokaldas Exports, Welspun Living, KPR Mills, and others gained up to 20% in early trade and still trading with gains between 15% to 20%.

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5. Aarti Industries shares surged over 11% on Tuesday after the deal. The management told CNBC-TV18 that the US accounts for 20% of overall exports for the chemicals industry. "It is a welcome move, positive for the sector and the company."

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6. Bharat Forge shares have also seen gains of as much as 9% after the deal announcement as the company has a significant exposure to the US market. CMD Baba Kalyani told CNBC-TV18 that the India-US trade deal is a very positive for the industry. He said that 50% of the company's revenue came from North America. Now all the company products will come under 18%.

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7. Advance-Decline Ratio today is still at 10:1, meaning 10 stocks advancing for every one stocks that's declining. Over 2,250 stocks are advancing on the NSE compared to 250 that are in the red.

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8. PB Fintech is among the prominent names that underperforming today. The stock is reacting to its Q3 results and the confirmation of the CNBC-TV18 newsbreak of its board meeting to raise funds via QIP.

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9. Jefferies has made changes to its Model Portfolio, where it has trimmed its exposure to IT stocks and increased its exposure to Metal names such as Hindustan Zinc and JSW Steel. It has also replaced GCPL in its portfolio with Eternal.

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10. Even after this record upmove, the Nifty could not reclaim its record high levels of 26,377, currently trading around 600 points away from those levels.
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