Latest Stock Market and Finance Updates

Reliance climbed while Adani Group firms gained as much as 13% after the India-US trade pact reduced tariffs and lifted market sentiment.

Indian IT stocks fell by up to 8%, erasing ₹2 lakh crore due to AI disruption fears and weak global tech signals. This raises a big concern: is this a temporary shock or a structural shift?

US President Donald Trump has said India will increase purchases of Venezuelan oil, potentially replacing part of its Russian crude imports as part of broader energy and trade discussions. However, Indian refiners have highlighted practical difficulties in boosting Venezuelan oil imports, including logistical challenges and refinery suitability, which make large-scale purchases harder to execute quickly.

Shares of Varun Beverages Ltd fell about 3% in trading even after the company reported a strong quarterly performance, with consolidated profit rising sharply and revenue growing on higher volumes, reflecting a positive operating trend that hasn’t fully translated into stock gains.

HAL shares fell 5.7% to ₹4,217 after missing the shortlist for India’s ₹15,000 crore AMCA prototype fighter jet programme, where 3 private firms advanced. The project involves 5 prototypes, a likely 120-aircraft initial order, and induction targeted around 2035.

The Indian National Rupee witnessed a significant surge against the US Dollar on Tuesday to close at 90.26 per dollar. Experts attribute the announcement of the India-US trade deal as the main reason behind this.

The Indian gems and jewellery sector, which has been under heavy pressure since August 2025, expects a revival after US tariffs on Indian imports drop to 18%. The U.S.A has been the biggest market for Indian players in this industry.

India and the US have outlined a bilateral trade deal that cuts tariffs and boosts industrial exports while excluding sensitive farm and dairy products. The pact balances market access with farmer protection, lifts investor sentiment, and promises trade gains, though final outcomes hinge on the details of the tariff schedules and their implementation

Indian equity markets ended nearly flat on 4 February 2026 as a sharp selloff in IT stocks erased gains in other sectors.

Indian markets recovered part of Sunday’s Budget-day losses on Monday as buying in heavyweights and a firmer rupee helped stabilise sentiment. Sensex Jumps 943 Pts, Nifty at 25,088.

GAIL plans to add 85 CNG stations over the next two years, signalling continued expansion even as December-quarter profit came under pressure.

UBL Ltd reported Q3 profit falling 43% to ₹490 crore due to a high base in the prior year. The earnings decline reflects weaker margins and industry challenges, leading to a notable drop in net profit for the quarter.