New Delhi, Feb. 3 -- The Indian stock market is expected to open on a strong note Tuesday on optimism over the India-US trade deal announced by President Donald Trump. The trends on Gift Nifty also signal a massive gap-up start for the benchmark indices, Nifty 50 and Sensex today.
Donald Trump announced the reduction in reciprocal tariffs on Indian goods to 18% and said that India will also reduce its tariffs and non-tariff barriers against the US.
In the previous session, the Indian equity market staged a strong rebound, snapping its two-day losing streak, with the Nifty 50 reclaiming the 25,000 level.
The Sensex surged 943.52 points, or 1.17%, to close at 81,666.46, while the Nifty 50 settled 262.95 points, or 1.06%, higher at 25,088...
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