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Stock market today: Indian stock markets delivered an extraordinary rally on Tuesday, February 3, after India and the United States confirmed the long-awaited India-US trade deal. US President Donald Trump confirmed that reciprocal tariffs on Indian goods would be reduced to 18%, a steep cut from the earlier 50%. In return, India agreed to significantly lower both tariff and non-tariff barriers on American products, effectively bringing them down to zero.

The benchmark BSE Sensex ended 2072.67 points higher or 2.54% to end at 83,739.13. The Nifty 50 climbed 639.15 points, or 2.55%, to end at 25,727.55 during the session.

Earlier in the day, the BSE Sensex jumped 5.1% during the session to hit an intraday peak of 85,871.73. Meanwhile, the Nifty 50 advanced by 1,252 points, or 5%, climbing to 26,341.2 as buying intensified across the board.

The sharp move also led to a massive rise in investor wealth. The combined market capitalisation of BSE-listed companies increased to ₹467.35 lakh crore from ₹455 lakh crore in the previous session, translating into a gain of more than ₹12.5 lakh crore in a single day as participation broadened across sectors.

more to come…

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