Indian rupee, stocks soar after trade deal with US

India's financial markets rallied sharply on Tuesday after a trade deal that slashed U.S. tariffs on Indian goods to 18% from 50%, a development that investors said lifts a key overhang over the country's stocks, bonds and currency.

Feb 3, 2026 - 13:01
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Indian rupee, stocks soar after trade deal with US
India's financial markets rallied sharply on Tuesday after a trade deal that slashed U.S. tariffs on Indian goods to 18% from 50%, a development that investors said lifts a key overhang over the country's stocks, bonds and currency.

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