Indian Equities Open Higher Following U.S. Trade Agreement

Indian stocks opened higher on February 3, 2026, buoyed by a newly announced trade deal between India and the United States that eases tariffs on key exports. The BSE Sensex rose 1.2% to 78,450, while the Nifty 50 advanced 1.3% to 23,620 in early trading. The agreement, finalized late Sunday, reduces U.S. duties on Indian pharmaceuticals, textiles, and electronics, potentially boosting export revenues. Finance Minister Nirmala Sitharaman called the pact “a significant step toward balanced bilateral trade.” Analysts at ICICI Securities estimate the deal could add 0.4–0.6 percentage points to India’s GDP growth in FY2027.