Stock market live: Apollo Micro Systems, Avanti Feeds among 150 stocks to hit upper circuit after India-US trade deal

NIFTY50 and SENSEX saw one of the biggest single-day gains after the India-US trade deal was announced late Monday night on February 2, 2026. Markets reversed the losses witnessed after the Budget 2026 to trade substantially higher today.

India and the United States announced a historic trade deal as both countries agreed to trade tariffs after multiple rounds of negotiations in the last few months. As part of the India-US trade deal, 50% tariffs on Indian exports to the US will be reduced to 18%.

The India-US trade deal comes after India gradually reduced its import of Russian oil and has also agreed to buy more oil from the United States and, potentially, Venezuela, as per US President Donald Trump.

As of 10:45 am, NIFTY50 is trading over 700 points or 2.8% higher at 25,797, with a day high of 26,341. Meanwhile, BSE SENSEX rose over 2,300 points or 2.9% to trade at 84,044. SENSEX hit a day high of 85,871 today.

The volatility index, or India VIX, is down 1.6% to 13.64, while broader market indices like NIFTY Midcap100 (+3.0%) and NIFTY Smallcap100 (+3.1%) are also trading higher.

Among NIFTY sectoral indices, NIFTY Realty (+5.1%), NIFTY Financial Services (+3.9%) and NIFTY Pharma (3.4%) are the top gainers today.

Adani Enterprises (+11.2%), Jio Financial (+9.0%), and Adani Ports (+8.1%) were the top three NIFTY50 gainers, while Coal India (-0.2%) and Nestle India (-0.02%) are trading marginally lower.

Among the strong rally in markets, around 56 stocks hit a 52-week high, while 167 stocks hit upper circuit on the NSE.

Prominent stocks at upper circuit