{"id":1534,"date":"2026-02-03T22:46:22","date_gmt":"2026-02-03T17:16:22","guid":{"rendered":"https:\/\/newsaxis.com\/?p=1534"},"modified":"2026-02-03T22:46:22","modified_gmt":"2026-02-03T17:16:22","slug":"sensex-surges-2073-points-rupee-posts-best-single-day-gain-since-dec-2018","status":"publish","type":"post","link":"https:\/\/newsaxis.com\/?p=1534","title":{"rendered":"Sensex surges 2,073 points, rupee posts best single-day gain since Dec 2018"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"450\" height=\"300\" data-id=\"1535\" src=\"https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/02\/sensex-2.png\" alt=\"\" class=\"wp-image-1535\" srcset=\"https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/02\/sensex-2.png 450w, https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/02\/sensex-2-300x200.png 300w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>Mumbai, Indian stock markets witnessed a strong rally on Tuesday as investors cheered the finalisation of the long-awaited India\u2013US trade deal.<\/p>\n\n\n\n<p>Both benchmark indices, the Sensex and the Nifty, posted sharp gains &#8212; reflecting positive sentiment across Dalal Street.<\/p>\n\n\n\n<p>By the end of the trading session, the Sensex jumped 2,072.67 points, or 2.54 per cent, to close at 83,739.13.<\/p>\n\n\n\n<p>Meanwhile, the Nifty climbed 639.15 points, or 2.55 per cent, to settle at 25,727.55.<\/p>\n\n\n\n<p>\u201cThe key support zone remains at 25,500\u201325,600 (gap support), while 25,900\u201326,000 acts as a major psychological and supply resistance area,\u201d an analyst stated.<\/p>\n\n\n\n<p>The surge came after US President Donald Trump announced that the agreement would lower reciprocal tariffs on Indian goods to 18 per cent.<br>The move boosted confidence among market participants, who expect improved trade ties to benefit Indian companies and the broader economy.<\/p>\n\n\n\n<p>Several heavyweight stocks led the rally on the Sensex. Shares of Adani Ports, Bajaj Finance, IndiGo, and PowerGrid recorded strong gains during the day.<\/p>\n\n\n\n<p>On the other hand, Tech Mahindra and Bharat Electronics Limited (BEL) were the only stocks to end in negative territory.<\/p>\n\n\n\n<p>Market optimism was visible across all sectors, as every sectoral index closed higher. The Nifty Realty index was the top performer, rising by more than 4 per cent.<\/p>\n\n\n\n<p>Other sectors such as chemicals, pharmaceuticals, and consumer durables also saw solid buying interest, with their indices jumping over 3 per cent each.<\/p>\n\n\n\n<p>The broader market also participated in the rally. The Nifty MidCap 100 index advanced 2.84 per cent, while the Nifty SmallCap 100 index gained 2.82 per cent.<\/p>\n\n\n\n<p>Analysts said that the strong performance highlighted investor confidence driven by positive developments on the trade front and expectations of improved economic prospects.<\/p>\n\n\n\n<p>&#8220;Indian equities experienced a significant rally today, driven by the long anticipated India\u2013US trade deal and a strengthening rupee, which boosted expectations of renewed FII inflows,\u201d an expert said.<\/p>\n\n\n\n<p>Meanwhile, Rupee traded sharply stronger, appreciating by Rs 1.28 or nearly 1.40 per cent following the US\u2013India trade deal announcement to record its best single-day gain since December 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai, Indian stock markets witnessed a strong rally on Tuesday as investors cheered the finalisation of the long-awaited India\u2013US trade deal. Both benchmark indices, the Sensex and the Nifty, posted [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,20],"tags":[],"class_list":["post-1534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-display","has_thumb"],"_links":{"self":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/1534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1534"}],"version-history":[{"count":1,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/1534\/revisions"}],"predecessor-version":[{"id":1536,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/1534\/revisions\/1536"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/media\/1535"}],"wp:attachment":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}