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India-US Trade Deal Sparks Market Surge, Boosts Economy

2/3/2026

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India-US Trade Deal
  • On February 2, 2026, India and the United States finalized a trade deal reducing tariffs on Indian goods from 25% to 18%.
  • The announcement boosted markets, with the Sensex rising 4,200 points to 85,871.73 and the Nifty gaining about 1,300 points to 26,341.20.
  • Analysts view the deal as pivotal for the Indian economy, improving sentiment and potentially reversing declines in exports to the United States, including textiles and leather.
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