Stocks to buy: Raja Venkatraman's recommends three stocks for 4 February
Subscribe to enjoy similar stories. Stock market recap: Indian stock markets rallied on Tuesday, 3 February, after India and the US confirmed the long-awaited trade deal. US President Donald Trump said that reciprocal tariffs on Indian goods would be reduced to 18%, from 50%.
In return, India agreed to significantly lower both tariff and non-tariff barriers on American products, effectively bringing them down to zero. The benchmark BSE Sensex ended 2072.67 points higher or 2.54% to end at 83,739.13. The Nifty 50 climbed 629.75 points, or 2.51%, to settle at 25,718.15 during the session.
Nifty Smallcap and Nifty Midcap indices also surged around 3% in trade today.r Best stocks to buy today (All Buy trades are rates of Equity & Sell rates are based on F&O) CENTURYPLY: Buy above ₹840, stop ₹810 target ₹945 (Multiday) ECLERX: Buy above ₹4950, stop ₹4860 target ₹5350 (Multiday) SONACOMS: Buy above ₹532, stop ₹515 target ₹585(Multiday) Indian equity markets staged a powerful rally, with both the Nifty 50 and Sensex recording one of their strongest single-day gains in recent months. The Nifty 50 surged by 710 points, or 2.83%, to close at 25,798, while the Sensex jumped 2,289 points, or 2.80%, to end at 83,956. This broad-based uptrend was fuelled by optimism surrounding the Union Budget, which emphasized infrastructure spending and supportive fiscal measures, alongside a steady monetary stance from the Reserve Bank of India.
Read on livemint.com