GIFT Nifty futures jumped 788 points to 25,930 at 7:14 AM IST, nearly 3% above Nifty 50’s last close of 25,088. The surge comes after the India–US trade deal slashed tariffs and boosted investor sentiment, setting the stage for a blockbuster rally in Indian equities today.
Indian markets are bracing for a blockbuster rally as GIFT Nifty futures soared to 25,930 at 7:14 AM IST on February 3, 2026, signaling a sharp gap-up opening. This marks a 788-point jump, nearly 3% above Nifty 50’s last close of 25,088, underscoring renewed optimism in equities.
Key highlights driving momentum:
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India–US Trade Deal: Announced late Monday night, the agreement reduces reciprocal tariffs on Indian goods to 18% from 25%, while removing additional duties linked to Russian crude imports.
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Investor Sentiment: Fund managers view the deal as a turning point, potentially reversing January’s record foreign outflows and supporting the rupee.
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Global Context: Asian markets are also rallying, with Indian equities now poised to close their performance gap with peers.
Market experts suggest that equities often price in economic benefits ahead of time, meaning today’s surge could extend into sustained gains. The Sensex and Nifty are expected to open sharply higher, with sectors tied to exports and energy likely to benefit most.
Outlook: With tariffs eased and investor confidence rebounding, India’s stock market may be entering a new growth phase, strengthening the country’s “Make in India” push.
Sources: The Financial Express, Business Standard, Hindustan Times, The Hindu Business Line