Nifty, Sensex Soar: Indian Markets Hit Bull Mode, 47 of 50 Nifty Stocks Up

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CNBC TV18•03-02-2026, 16:19
Nifty, Sensex Soar: Indian Markets Hit Bull Mode, 47 of 50 Nifty Stocks Up
- •Indian markets closed significantly higher, with 47 out of 50 Nifty stocks ending in positive territory.
- •The Nifty index opened a record 1,200 points higher and is nearing its all-time high of 26,373.
- •The Sensex surged over 2,000 points, approaching the 83,400 mark.
- •The market rally is attributed to a new trade deal between India and the US, reducing India's tariffs to 18% from 50%.
- •Export-oriented sectors like textiles, including Gokaldas Exports and Welspun Living, saw gains of over 10%.
Why It Matters: Indian stock markets are in a strong bull run, driven by a new India-US trade deal and tariff cuts.
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