Back to today’s briefing

Story perspectives

India-US Trade Deal Boosts Stocks, Sensex Soars 266 Points

2/9/2026

24 6 Full Breakdown

Summary

Story summary

The India-US trade deal has the Indian stock market poised for a positive opening.
The Sensex gained 266.47 points to reach 83,580.40.
The Nifty 50 could rise toward 26,000 if it sustains support above 25,500.
The Reserve Bank of India kept the repo rate at 5.25%.
Strong earnings from Tata Steel and Kalyan Jewellers are expected to attract investor attention.

History

Historical Context

The India-US Trade Agreement, initiated in 2005, aimed to boost bilateral trade, resulting in a 30% increase by 2008. This agreement reflects India's broader strategy of engaging in free trade agreements, enhancing economic cooperation with over 50 countries. The Reserve Bank of India, established in 1935, plays a vital role in regulating monetary policy, influencing market confidence and corporate performance today.

1 of 2

Story summary

The India-US trade deal has the Indian stock market poised for a positive opening.
The Sensex gained 266.47 points to reach 83,580.40.
The Nifty 50 could rise toward 26,000 if it sustains support above 25,500.
The Reserve Bank of India kept the repo rate at 5.25%.
Strong earnings from Tata Steel and Kalyan Jewellers are expected to attract investor attention.

1 / 2