Markets rallied sharply on Tuesday as optimism over the newly announced India-US trade deal lifted investor sentiment where the BSE Sensex jumped 2,073 points to close above 91,000, while the Nifty50 crossed 25,700.
The trade agreement, which eases tariffs and strengthens bilateral trade, spurred buying across key sectors, particularly banking, IT, and autos. Heavyweights like Reliance Industries, HDFC Bank, and Infosys led the gains, while mid-cap and export-oriented stocks also saw strong momentum.
Welspun Living, LT Foods, Aarti Industries, Ather Energy, and Trident saw significant gains, along with IT and auto stocks such as Infosys, HCL Tech, and TCS.
Some counters lagged amid profit booking, including Aegis Vopak, PB Fintech, Global Health, NALCO, MRPL, and Campus. Heavyweights like ONGC and Coal India also closed lower despite the broader rally.
This surge reflects renewed investor confidence, fueled by expectations that the trade deal will boost exports and attract foreign investments.
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