Bhubaneswar, Feb. 3 -- The domestic equity markets opened with a historic surge on Tuesday, fueled by upbeat global cues following the announcement of a key India-US trade deal.

Benchmark indices witnessed record gains at the opening bell, reflecting strong investor optimism across sectors. The Nifty 50 jumped 1,219.65 points, or 4.86%, to open at 26,308.05, while the BSE Sensex surged 3,656.74 points, or 4.48%, to 85,323.20.

VK Vijayakumar, Chief Investment Strategist at Geojit Investments, termed the US-India trade deal a "game changer" for the Indian economy and stock markets. The deal includes a reduction in US tariffs on Indian goods from 50% to 18%, boosting exports and strengthening the rupee. He added that corporate earnings cou...