**Market Brief: Adani Stocks Surge on US Trade Deal & Strong Earnings** **Adani Group** shares delivered a dominant performance on **Tuesday, February 3, 2026**, leading a broader market rally. The surge follows the announcement of a landmark trade agreement between **PM Modi** and **US President Trump**, alongside robust quarterly results from the group’s flagship entity. **Key Market Movements (Intraday Highs/Closing)** * **Adani Green Energy:** Led the pack, closing **+10.4%** at **₹932**, with intraday gains reaching nearly 13%. * **Adani Enterprises:** Surged **+10.6%** to close at **₹2,206**, fueled by both the trade deal and a **2404% YoY jump** in Q3 net profit. * **Adani Ports:** Climbed **+9.2%** to **₹1,532**, hitting a fresh intraday high of ₹1,537. * **Adani Power:** Advanced **+7.4%** to **₹144.50**, driven by renewed sentiment in the energy sector. * **Adani Energy Solutions:** Rose over **7%**, reflecting wider investor confidence. **Drivers Behind the Rally** **1. US-India Trade Pact:** President Trump announced an immediate reduction in reciprocal tariffs on Indian goods from **25% to 18%**. The deal removes a months-long overhang on Indian equities and is expected to significantly boost export volumes for infrastructure and logistics majors like Adani Ports. **2. Flagship Earnings Beat:** Adani Enterprises reported a massive rise in Q3 net profit to **₹5,726 crore** (up from ₹228 crore YoY), aided by exceptional gains and an **8.6%** increase in operational revenue. **Broader Market Context:** The trade deal sparked a frantic rally across Indian indices, with the **Nifty 50** jumping nearly **4.8%** intraday before stabilizing. Sectors with high export exposure—infrastructure, textiles, and renewable energy—remained the day's biggest beneficiaries.