Nifty 50 Jumps 1,220 Points, Sensex Rallies 3,648 as India–US Trade Tariff Cut Lifts Market Sentiment

Mumbai, February 3, 2026: Indian equity benchmarks opened sharply higher on Monday, with the NIFTY 50 and BSE Sensex logging strong gains, supported by positive sentiment following the announcement of reduced US tariffs on Made-in-India products after India–US bilateral discussions.

Nifty 50 Records Broad-Based Rally​

The Nifty 50 opened at 26,308.05, rising 1,219.65 points or 4.86 percent from its previous close of 25,088.40. The index remained firmly in the green through early trade, touching an intraday high of 26,373.20.
Market breadth was decisively positive, with all 50 index constituents advancing, indicating broad-based participation across sectors.
Key Nifty metrics:
The index traded well above its 52-week low of 21,743.65, reflecting a strong rebound in investor confidence.

Sensex Surges in Pre-Open Trade​

The Sensex mirrored the Nifty’s strength, rising 3,647.89 points or 4.47 percent to 85,314.35 in the pre-open session at 09:08 IST.
Heavyweight stocks contributed to the sharp move, with buying interest visible across export-linked, manufacturing, and large-cap segments.

Trade Development Supports Market Mood​

The rally came after Prime Minister Narendra Modi announced that the United States has reduced tariffs on Made-in-India products to 18 percent, following discussions with US President Donald Trump.
The tariff reduction is expected to directly benefit Indian exporters by improving price competitiveness in the US market, particularly for manufacturing and value-added goods. Market participants reacted positively to the clarity on trade terms, which helped lift overall sentiment on Dalal Street.