**Global Market Brief — February 4, 2026** **🇮🇳 India Market Rally** Indian equity benchmarks witnessed a massive surge today, fueled by the newly signed **India-US trade deal** and eased tariff concerns. * **Sensex:** Skyrocketed **2,073 points (+2.54%)** to close at **83,739**. * **Nifty 50:** Crossed the 25k mark, ending at **25,727 (+2.55%)**. * **Top Drivers:** Renewed investor confidence and FII short covering drove the rally, with heavyweights in **banking** and **manufacturing** leading the charge. **🌏 Global Sentiment** Global cues remain mixed as markets digest the geopolitical landscape. * **US Markets:** The **S&P 500** and **Nasdaq** showed divergence; while broader indices stabilized, the **IT sector** faced selling pressure due to "AI disruption" fears. * **Asian Markets:** The **Nikkei 225** outperformed with a **3.9%** gain, while Chinese markets saw moderate growth. **🛢️ Commodities & Crypto** * **Gold:** Stabilizing after a recent selloff, trading high at approx. **₹1,56,775 per 10g** (domestic) and **$5,089/oz** (global) as investors seek safety. * **Crude Oil:** **Brent Crude** edged up to **$67.80**, supported by resurfacing geopolitical tensions in the Arabian Sea. * **Bitcoin:** Struggling to regain momentum, trading below the **$80,000** psychological support level amid liquidity concerns. **📅 Key Economic Events** * **India-US Trade Pact:** The landmark agreement has significantly reduced tariff anxieties, boosting sectors like **textiles**, **gems**, and **marine processing**. * **Monetary Policy:** Investors are now eyeing the upcoming MPC meeting on **Feb 6**, though rates are expected to remain unchanged. *** No YouTube video found in search results.