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flag U.S.-India trade deal slashes tariffs, sending Indian stocks to record highs on Feb. 3, 2026.

flag Indian stock markets surged to record highs on February 3, 2026, after the U.S. announced a major trade deal with India, cutting tariffs on Indian goods from 50% to 18%. flag The Nifty 50 jumped 4.86% to 26,308, and the BSE Sensex rose over 3,600 points to 85,323, driven by strong investor optimism, broad-based gains across sectors, and expectations of higher economic growth and foreign investment. flag The agreement, announced by U.S. President Donald Trump, reportedly required India to halt Russian oil purchases and increase U.S. imports. flag Analysts said the deal could boost India’s growth to 7.5% in FY27 and accelerate corporate earnings, while the rupee strengthened. flag Global markets, including Japan and South Korea, also rose on the positive sentiment.

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