RIL, HDFC Bank, and Eternal Among Tuesday's Top 7 Market Movers
**Market Brief: Historic Rally on India-US Trade Pact**
**Headline Indices** Indian equities witnessed a euphoric session today, February 3, 2026, fueled by the landmark **India-US trade agreement**. The reduction of US tariffs on Indian goods to **18%** triggered massive buying interest.
The **Sensex** skyrocketed over **2,000 points** to close near **83,739**, while the **Nifty 50** surged nearly **640 points**, reclaiming the **25,700** level. Investor wealth swelled as sentiment turned decidedly bullish.
**Sectoral & Stock Performance** * **Adani Group:** A standout performer. **Adani Enterprises** zoomed **10–12%**, testing intraday highs of **₹2,233**. **Adani Ports** followed suit, rallying over **8%**.
* **Heavyweights:** **Reliance Industries** rose **3.5–7%** (intraday high **₹1,489**), supported by broader optimism and acquisition news. **HDFC Bank** contributed significantly, gaining **2–4%** with highs near **₹994**.
* **Chemicals:** This sector emerged as a top beneficiary of the tariff cuts. Stocks like **Camlin Fine Sciences** locked at **20%** upper circuits. **Aarti Industries** and **Yasho Industries** saw massive gains of **14–18%**, driven by improved export competitiveness.
**Laggards in a Bull Market** Despite the broader rally, select counters faced selling pressure:
* **PB Fintech (PolicyBazaar):** Trended weak throughout the session, sliding approximately **6%** to trade near **₹1,457**.
* **Bharat Coking Coal:** Remained muted amidst the fervor, trading flat-to-negative around **₹37–39**, underperforming the energy and infrastructure rally.
**Key Takeaway** The trade deal has effectively reset market sentiment, with **export-oriented sectors** (Chemicals, Textiles, Gems) leading the charge. Foreign institutional flows are expected to pivot back strongly following this geopolitical economic alignment.
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