NIFTY, SENSEX today, Feb 3: FIIs net bought shares worth over ₹5,200 crore; investors richer by ₹12.10L cr amid India-US trade deal

India and the US on Monday agreed on a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18% from the current 25%, US President Donald Trump said on Monday, after a phone conversation with Prime Minister Narendra Modi.

Stock investors' wealth surged by ₹12.10 lakh crore on Tuesday, tracking a sharp rally in equities buoyed by the India-US trade deal.

The 30-share S&P BSE SENSEX jumped 4,205.27 points, or 5.14%, to hit the day's high of 85,871.73. It later ended at 83,739.13, up 2,072.67 points or 2.54%.

On the NSE, the 50-share index NIFTY50 ended at 25,727.55 levels, up 639.15 points, or 2.55%.

Cheering the rally in equities, the market capitalisation of BSE-listed firms surged by ₹12,10,877.45 crore to ₹4,67,14,754.77 crore ($5.16 trillion).

"The India-US trade deal is a decisive win for certainty, removing a key overhang for Indian markets. Coming on the heels of a strong budget, it materially improves visibility on capital flows, the rupee, and manufacturing investment," A Balasubramanian, Managing Director & CEO, Aditya Birla Sun Life AMC Ltd, said.

From the 30 SENSEX firms, Adani Ports surged the most, by 9.12%.

The other prominent winners were Bajaj Finance, InterGlobe Aviation, Power Grid, Sun Pharma, Bajaj Finserv and Reliance Industries.

Tech Mahindra and Bharat Electronics were the only laggards from the blue-chip pack.

FII/DII data

Data available on the NSE showed that foreign investors (FPIs/FIIs) net bought shares worth ₹5,236 crore on Tuesday. The data combines NSE, BSE and MSEI figures.

On the NSE alone, FIIs net bought shares worth ₹5,426.24 crore.

Other key details

The trade deal also propelled a sharp rally in textile, leather, gems and jewellery, auto ancillary, seafood exports, and speciality chemicals stocks.

Indian equities witnessed one of the biggest single-day gains on Tuesday after India and US announced a long-awaited trade deal, easing tariff-related concerns that have weighed on Indian markets since April 2025.

Auto ancillaries, defence, textiles, EMS, consumer durables, IT services and utilities are expected to be the key beneficiaries, while financials could see second-order gains driven by improved growth visibility, note analysts.

On the index front, services surged 4.86%, leading the gains, followed by realty and power (both up 4.79%), utilities (3.92%), capital goods (3.71%), industrials (3.44%), consumer discretionary (3.06%), metal (2.85%), healthcare (2.83%) and financial services (2.83%).