India-US trade deal, Feb. 9 -- Indian stock markets are likely to open higher on Monday after a surge in US markets on Friday after India and the United States released a joint statement on Friday, February 6, 2026, outlining a framework for the Interim Trade Agreement (ITA) after the announcement of the India-US trade deal on Monday last week.

The ITA will serve as the first step toward a broader Bilateral Trade Agreement (BTA), offering near-term visibility on tariffs while setting the stage for deeper trade integration.

For investors, the announcement has sharpened focus on export-oriented and manufacturing-linked sectors that stand to gain from improved access to the US market.

Under the framework, the US will apply an 18% reciproc...