New Delhi, Feb. 4 -- Today, the Indian equity markets witnessed a historic session, with benchmark indices staging their strongest single-day rally in recent memory. The Nifty 50 surged 640 points (2.55%) to settle at 25,727, while the SENSEX skyrocketed more than 2,073 points (2.54%) to close at 83,739.

This massive breakout was primarily fueled by the landmark India-US trade deal, where Washington reduced reciprocal tariffs on Indian goods to 18%. This development drastically eased long-standing trade uncertainties, triggering aggressive short-covering and renewed foreign institutional interest. The rally was exceptionally broad-based, as reflected in the stellar advance-decline ratio, with gainers vastly outnumbering losers across the...