India US trade deal : Stock market cheers, Sensex jumps over 5%; Nifty nears all-time high
The Sensex and Nifty surged in early trading on Tuesday, February 3, 2026, following an agreement between India and the U.S. to reduce reciprocal tariffs on Indian goods. The trade deal, which lowered U.S. tariffs from 50% to 18%, boosted investor confidence and led to significant gains for textile, leather, and other export-oriented sectors. The BSE Sensex jumped over 5% while the Nifty climbed nearly 5%.
4 FEB 2026
— The Hindu
The Samyukt Kisan Morcha accused the Indian government of misleading farmers by contradicting U.S. Secretary of Agriculture Brooke Rollins' statements regarding the Indo-U.S. trade deal.
— The Hindu
Congress members criticized Commerce Minister Piyush Goyal's statement on the India-U.S. trade agreement for lacking concrete details and raising concerns about potential negative impacts on Indian farmers.
5 FEB 2026
— The Hindu
India-U.S. trade deal: Likely to finalise and sign joint statement in ‘four to five days’, Piyush Goyal says
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