**GLOBAL & INDIAN MARKET PULSE | FEBRUARY 3, 2026** **Markets Skyrocket on Trade Deal Euphoria** Indian equity markets witnessed a historic gap-up today, fueled by the announcement of a landmark **India-US trade agreement**. The deal, which slashes tariffs on Indian goods to **18%** and eliminates barriers for US exports to India, has triggered a massive risk-on rally across sectors. **Domestic Indices at Record Highs** The **BSE Sensex** opened with a vertical surge, gaining over **3,600 points** (+4.48%) to trade above **85,300**. The **Nifty 50** mirrored this optimism, climbing **1,219 points** (+4.86%) to cross the **26,300** mark. Banking, IT, and Auto stocks are leading the charge, with heavyweights like **Adani Ports** and **Jio Financial** seeing gains exceeding **6%**. **Global Cues & US Performance** Global sentiment remains robust following a positive close in the US markets yesterday. The **Dow Jones** rose **515 points** (+1.05%) to settle at **49,407**, while the **S&P 500** added **0.54%** to reach **6,976**. Tech stocks pushed the **Nasdaq** up by **0.56%** to **23,592**, providing a strong handover for Asian indices, which are trading broadly in the green. **Commodities & Currency** Precious metals continue to command high valuations amid the volatility. **Gold** prices in India are hovering around **₹149,550** per 10 grams, while **Silver** has spiked to approximately **₹253,000** per kg. Brent Crude remains steady near **$65.94** per barrel, offering some relief to India's import bill. **Earnings in Focus** Beyond the macro triggers, the market is tracking Q3 earnings closely. Over **111 companies**, including **Adani Enterprises**, **Bajaj Finance**, and **NMDC**, are scheduled to report results today. The combination of strong earnings expectations and the trade deal catalyst has created a perfect storm for the bulls. ... [Stock Market LIVE Updates: Budget 2026 LIVE: Nifty & Sensex Live](https://www.youtube.com/watch?v=C1beLDsWcp0) ... This video provides live updates and expert analysis on the recent Union Budget 2026 and its impact on the Sensex and Nifty, offering context to the current market rally. http://googleusercontent.com/youtube_content/0