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Stock Market Today, Feb 3: Bulls party on D-Street after India-US trade deal! Sensex zooms 2072 pts, Nifty skyrockets 639 pts to 25713 – Top gainers, losers

Source: etnownews
Published: February 4, 2026 at 05:30 AM
Stock Market Today, Feb 3: Bulls party on D-Street after India-US trade deal! Sensex zooms 2072 pts, Nifty skyrockets 639 pts to 25713 – Top gainers, losers

Stock Market Today, Feb 3: In one of the biggest single-day gains after India and the US announced a long-awaited trade deal, easing tariff-related concerns that have weighed on Indian markets for months, the stock market benchmark index Sensex zoomed 2,072 points while the broader Nifty closed above the 25,700 level on Tuesday, February 3. India and the US agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent, US President Donald Trump said on Monday after a phone conversation with Prime Minister Narendra Modi. Sensex, Nifty TodayThe 30-share BSE Sensex closed at 83,739.13, rallying 2,072.67 points or 2.54 per cent, logging its best single-day gain in the past eight months. The index started the trade on a buoyant note, and later jumped 4,205.27 points or 5.14 per cent to hit the day's high of 85,871.73.The 50-share NSE Nifty zoomed 639.15 points or 2.55 per cent to settle at 25,727.55. During the day, it surged 1,252.8 points or 4.99 per cent to 26,341.20.Hitesh Tailor, Research Analyst - Research at Choice Equity Broking Private Limited, said, "Indian equity markets ended the session on February 03, 2026, on a volatile yet positive note. At the close, the Sensex surged 2,072 points (2.54%) to 83,739.13, while the Nifty 50 gained 639 points (2.55%) to settle at 25,727.55.""The Nifty 50 opened with a strong gap-up of nearly 1,250 points but saw sharp volatility in early trade. After correcting around 700 points from the high of 26,341.20, it found support near 25,641 and rebounded 223 points to close at 25,727, indicating buying at lower levels. Resistance stands at 25,850–25,900, while support lies at 25,550–25,600. The RSI at 53.32 is trending upward but remains below strong bullish territory," Tailor said. Tailor further said the Bank Nifty also began the session with a robust gap-up of around 3,200 points, but selling pressure dragged it down nearly 1,950 points to an intraday low of 59,793. "A subsequent recovery of about 469 points led the index to finally close at 60,041, reflecting support-based buying. Resistance is seen at 60,700–60,800, with support at 59,700–59,800. The RSI at 55.82 continues to trend higher, suggesting mild bullish momentum," he further said."The India VIX declined 7 per cent to 12.89, signalling easing market anxiety and reduced volatility expectations. Derivatives data shows heavy put writing at the 25,500 strike and strong call writing at the 26,000 strike, indicating the formation of a near-term trading range.Traders are advised to adopt a buy-on-dips strategy near key support levels and wait for a decisive breakout above resistance before initiating fresh directional positions," the analyst concluded. Related News | India-US trade deal impact: Textile stocks Kitex, Indo Count, KPR Mill, Trident, Welspun zoom up to 20%Stock Market Today Highlights: Gainers and losers From the 30 -share Sensex pack, Adani Ports surged 9.12 per cent to become the highest gainer. The other prominent winners at the close were Bajaj Finance, InterGlobe Aviation, Power Grid, Sun Pharma, Bajaj Finserv and Reliance Industries.Tech Mahindra and Bharat Electronics were the only laggards.The trade deal also propelled a sharp rally in textile, leather, gems and jewellery, seafood exports and specialty chemicals stocks. Stock Market Today - Quick HighlightsNifty advances for 2nd session; Gains highest ~2.5% in a single day since last 7 mthsTop performer- Adani EnterprisesWorst Performer – Tech MahindraINR top-performing currency against USD with 1.4% gainsNifty Bank advances for 2nd session; up 2.5% and closes near 60000 markAll constituents ended in green, led by gains in IDFC First Bank, SBINifty Midcap & Smallcap gains for 2nd session, both advancing 3% India vix declines over 6% for the 2nd session straightAll sectoral indices closed in greenNifty Realty was the top sectoral gainer, advancing 5% led by Godrej Properties and Lodha DevelopersNifty Energy closed in green for the 2nd session gaining over 3%; led by Adani Green Energy and CG PowerNifty Pharma advanced 3,% ending in green for 2nd session; led by Mankind Pharma and Sun PharmaNifty Auto advanced for the 2nd session, gaining over 2.8%All constituent ends in green led by Tube Investment and Bharat ForgeNifty Metals advances for 2nd session with ~3% gainsAll constituent ends in green with Adani Enterprises as the lead gainerNifty IT ends in green with 1.4% gains with Persistent and Coforge as lead gainerNifty FMCG closes in green for 2nd session, UBL and Tata Consumer led gainsStock Market Today: Sectoral indices performanceAmong indices, services jumped 4.86 per cent, followed by realty (4.79 per cent), power (4.79 per cent), utilities (3.92 per cent), capital goods (3.71 per cent), industrials (3.44 per cent), consumer discretionary (3.06 per cent), metal (2.85 per cent), healthcare (2.83 per cent) and financial services (2.83 per cent).A total of 3,304 stocks advanced while 981 declined and 137 remained unchanged on the BSE.Stock Market on MondayOn Monday, the Sensex jumped 943.52 points or 1.17 per cent to settle at 81,666.46. The Nifty climbed 262.95 points or 1.06 per cent to end at 25,088.40.