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Mumbai, 3 February. The announcement of agreement on trade agreement between India and America on Monday night sent the domestic stock market into a frenzy and on Tuesday, both the benchmark indices witnessed the biggest rise in eight months (after May 12, 2025).

Biggest rise in domestic stock market in 8 months

In this sequence, while BSE Sensex increased by 2073 points and reached above 83,700, NSE Nifty closed with the biggest intraday gain in 9 months. In this sequence, the index jumped by 639 points and crossed 25,700.

It is noteworthy that under the trade deal, America has agreed to reduce the 25 percent retaliatory duty imposed on Indian products to 18 percent. Apart from this, the 25 percent additional duty imposed by America on continuing purchase of Russian oil has also been removed.

Sensex 2.54with an increase of % 83,739.13 closed on points

Bombay Stock Exchange (BSE)’s benchmark index Sensex, based on 30 shares, jumped 4,205.27 points or 5.14 percent to reach a high of 85,871.73 points after the start of the trading session. However, later due to profit booking, it closed at 83,739.13 points with a gain of 2,072.67 points or 2.54 percent. Among Sensex companies, shares of 28 gained strength while two declined.

nifty 639.15 by increasing points 25,727.55 off on

On the other hand, the 50-share sensitive index Nifty of National Stock Exchange (NSE) also closed at 25,727.55 points, rising by 639.15 points or 2.55 percent. At one time during trading, it had reached 26,341.20 points with a rise of 1,252.80 points or 4.99 percent. Among Nifty companies, 47 stocks rose and only three declined.

Investors earned Rs 12.06 lakh crore

The total market capitalization of companies listed on BSE increased to Rs 467.09 lakh crore, which was Rs 455.03 lakh crore on the previous trading day. In this way, the market cap of companies listed on BSE increased by about Rs 12.06 lakh crore in a single session. In other words, the wealth of investors increased by about Rs 12.06 lakh crore.

Highest in Adani Ports 9.12 percentage increase

Among Sensex group companies, Adani Ports recorded the highest rise of 9.12 percent. Bajaj Finance, InterGlobe Aviation, Power Grid, Sun Pharma, Bajaj Finserv and Reliance Industries were also major gainers. However, during this bullish period, shares of Tech Mahindra and Bharat Electronics closed with a decline.

FII has 1,832.46 Sold shares worth crores of rupees

According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 1,832.46 crore on Monday while domestic institutional investors bought shares worth Rs 2,446.33 crore. Meanwhile, global oil benchmark Brent crude fell 0.65 percent to $65.87 per barrel.