India-US Trade Deal Boosts Market: BSE Firms Add ₹20 Trillion in Market Cap

Market
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CNBC TV18•03-02-2026, 09:25
India-US Trade Deal Boosts Market: BSE Firms Add ₹20 Trillion in Market Cap
- •BSE-listed companies saw a ₹20 trillion increase in market capitalization following the India-US trade deal.
- •The cumulative market cap surged from ₹455 trillion to ₹474 trillion in early Tuesday trading.
- •The trade deal reduces tariffs on India's exports to the US from 50% to 18%.
- •Textile companies, shrimp names, and auto stocks experienced significant gains, with textiles hitting a 20% upper circuit.
- •Nifty 50 recorded its largest single-day absolute point gain in history, opening 1,200 points higher.
Why It Matters: India-US trade deal led to a massive ₹20 trillion market cap surge for BSE-listed companies.
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