Top News

Mumbai, 3 February. The Indian stock market opened in the green on Tuesday, the second trading day of the week, after the much-awaited trade deal between India and America was finalized on Monday night. During this period, BSE Sensex opened at 85,323.20 with a jump of 3,657 points from its previous closing, while NSE Nifty opened at 26,308.05 with an increase of 1,219.65 points from its previous closing.

Till the time of writing the news (around 9.31 am), the 30-share BSE Sensex was at 83,920.51 with a rise of 2254 points or 2.76 percent, while the NSE Nifty was at 83,920.51 with a rise of 691.30 (2.76 percent) points. During this period, all the Nifty indices were seen trading in the green.

During trading, while Sensex touched a high of 85,871.73, Nifty touched a level of 26,341.20. In the broader market, both Nifty Midcap 100 and Smallcap saw a strong rise of 4 percent. Whereas among various sectors, a rise of more than 3 percent was recorded in Nifty Auto, IT, Metal, Bank, PSU Bank and Pharma.

During this period, 29 out of 30 Sensex stocks saw a rise, out of which Adani Ports saw the highest rise of more than 6.89 percent. After this, Bajaj Finance (4.90 percent), Indigo (4.66 percent), Bajaj Finserv (4.39 percent), Eternal (4.16 percent), L&T (3.70 percent) and Sun Pharma (3.63 percent) were among the top gainers. Only ITC shares saw a decline.

US President Donald Trump on Monday announced his country’s much-awaited trade agreement with India, under which the reciprocal tariff on Indian goods has been reduced from 25 percent to 18 percent.