Indian Stock Market Poised for Strong Opening After Historic Trade Deal Announcement
The Indian stock market is anticipated to commence trading on a remarkably strong note this Tuesday, buoyed by the groundbreaking announcement of a comprehensive India–United States trade agreement. This development follows President Donald Trump's declaration regarding reciprocal tariff reductions, which has injected significant optimism into global financial markets.
Gift Nifty Signals Robust Gap-Up Opening for Domestic Indices
Market indicators are pointing towards a substantial gap-up opening for domestic benchmark indices. The Gift Nifty is currently trading near the 25,937 level, reflecting an impressive premium of approximately 795 points over the previous closing figure of Nifty futures. This represents an overnight surge of nearly 3%, underscoring the positive sentiment sweeping through the markets.
Ponmudi R, CEO of Enrich Money, provided expert insight on the situation: "Indian markets are likely to open on a strong positive note today, supported by upbeat global cues following the announcement of a key India–US trade deal. The reduction in reciprocal tariffs on Indian goods to 18% from 25% has significantly lifted global risk sentiment, with GIFT Nifty indicating a sharp gap-up opening, nearly 3% higher overnight."
Key Details of the India-US Trade Agreement
President Trump confirmed that reciprocal tariffs on Indian goods would be substantially reduced to 18% from the previous rate of 25%. In a reciprocal move, India has committed to lowering its tariffs and non-tariff barriers on American goods to zero. This bilateral agreement marks a significant milestone in international trade relations and is expected to have far-reaching implications for both economies.
Market Performance Recap and Current Outlook
On Monday, the Indian stock market successfully snapped a two-session losing streak, closing notably higher. The Nifty 50 index regained the psychologically important 25,000 level, while the Sensex demonstrated impressive strength. Specifically, the Sensex surged by 943.52 points, representing a gain of 1.17%, to close at 81,666.46. Simultaneously, the Nifty 50 advanced by 262.95 points, or 1.06%, settling at 25,088.40.
Stocks to Watch in Today's Trading Session
Against this optimistic backdrop, several stocks are poised to attract significant investor attention and are likely to experience notable movement during today's trading session.
Companies Declaring Quarterly Results
The following companies are scheduled to announce their Q3 results for 2026 today, placing them firmly in the market spotlight:
- Bajaj Finance
- Adani Enterprises
- Varun Beverages
- Mankind Pharma
Quarterly Performance Highlights
Bajaj Housing Finance reported a substantial 21% year-on-year increase in net profit for the December quarter. Earnings climbed to ₹665 crore, up from ₹548 crore in the corresponding period last year.
Ather Energy posted a net loss of ₹83.6 crore in Q3, which represents a significant narrowing compared to the ₹197.6 crore loss reported in the same quarter of the previous year.
Tata Chemicals recorded a net loss of ₹93 crore in Q3, marking a sharp widening from the ₹53 crore loss reported in the year-ago quarter.
PB Fintech demonstrated remarkable performance with its Q3 net profit surging to ₹189 crore, a substantial increase from ₹71 crore in the corresponding period last year.
Corporate Developments and Legal Matters
Reliance Industries faced a legal development as a division bench of the Delhi High Court dismissed the company's objections regarding the maintainability of the government's appeal in a long-running arbitration dispute. This case concerns cost recovery and reimbursement of royalties and taxes linked to the Panna, Mukta and Tapti gas fields, with the government seeking enforcement of a 2016 final partial award covering claims of $3.86 billion against RIL.
Lupin announced the launch of a generic cancer therapy in the United States market. The company has introduced Dasatinib tablets in multiple strengths—20 mg, 50 mg, 70 mg, 80 mg, 100 mg and 140 mg—following approval from the US Food and Drug Administration.
Additional Corporate Performance Updates
RailTel reported a 4% year-on-year decline in Q3 net profit to ₹62.4 crore, down from ₹65 crore in the previous year. However, revenue showed strong growth, climbing 19% to ₹913.4 crore from ₹767.6 crore, while EBITDA increased 10% to ₹133 crore compared with ₹121 crore.
Aditya Birla Lifestyle posted a 15% year-on-year increase in Q3 net profit, which rose to ₹69 crore from ₹60 crore a year earlier.
Eicher Motors, through its mid-sized motorcycle manufacturer Royal Enfield, reported a 14% rise in total sales to 1,04,322 units in January, compared with 91,132 units in the corresponding month last year.
Disclaimer: This market analysis is provided for educational purposes only. Investors are strongly advised to consult with a qualified investment advisor before making any financial decisions.
