Day

February 3, 2026
India’s financial markets surged Tuesday following a trade deal that slashed U.S. tariffs on Indian goods. The Nifty 50 index jumped nearly 5%, and the rupee climbed over 1% against the dollar. This development is expected to alleviate investor concerns and attract foreign capital back into Indian assets.
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​Following the Union Budget 2026, Choice Equity Broking identifies four stocks exhibiting improved technical structures and trend stabilization. These picks, including Varun Beverages, Power Finance Corporation, Data Patterns, and Larsen & Toubro, show potential trading opportunities based on breakouts and supportive indicators.​
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Aditya Birla Capital and Aditya Birla Housing Finance approved a Rs 2,750-crore capital infusion from Advent International’s Indriya entity, valuing ABHFL at Rs 19,250 crore. The funding will support its rapid AUM growth, strong asset quality and expansion plans as India’s housing finance sector benefits from structural policy tailwinds and rising demand.
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India and the US have finalized a significant trade deal, slashing tariffs on Indian exports to the US from 50% to 18%. This agreement has boosted renewable energy stocks like Waaree Energies and Premier Energies, with analysts expecting improved competitiveness and demand for Indian products in the US market.
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Adani Group shares surged up to 13% on Tuesday, led by Adani Green and Adani Enterprises, following the announcement of a trade deal between PM Modi and US President Trump.
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​As of February 2, 2026, 19 Nifty500 stocks closed above their 200-day moving average. Eleven top performers gained more than 3%, signalling strong uptrends. Stocks such as Mahindra & Mahindra, Polycab India, and Petronet LNG are showing positive momentum, highlighting potential buying opportunities for traders following technical indicators and market trends.​
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