India–US trade deal draws Rs 5236 crore in FII inflow; DIIs net buy Rs 1014 crore worth of equities on February 3
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The recent India-US trade deal has led to a significant inflow of Rs 5,236 crore from foreign institutional investors (FIIs) into Indian equities, marking the highest single-day inflow since 2026. The Sensex rose by 944 points (1.17%) and the Nifty by 263 points (1.06%) on February 3, following the announcement. The deal includes a reduction in tariffs on Indian imports, enhancing export competitiveness. Domestic institutional investors (DIIs) also net bought Rs 1,014 crore worth of shares. Analysts expect continued positive momentum in Indian markets due to this development.
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