Although the benchmark indices opened higher, they traded positively throughout the session and ultimately closed green.

Indian equity benchmarks, Sensex and Nifty50, surged following the finalisation of the landmark India-US trade deal.

At the closing bell, the BSE Sensex closed higher by 2,072 points (up 2%).

Meanwhile, the NSE Nifty closed 639 points higher (up 2%).

Adani Ports, Bajaj Finance, Sun Pharma among the top gainers today

Tech Mahindra and Bharat Elec, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  25,865, higher by 729 points at the time of writing.

The BSE MidCap index ended 0.5% lower, and the BSE SmallCap index ended 0.7% lower.

Sectoral indices are trading positively today, with stocks in the realty sector and the services sector witnessing buying.

The rupee is trading at Rs 90 against the US$.

Gold prices for the latest contract on MCX are trading 5% higher at Rs 151,800 per gram.

Meanwhile, silver prices were trading 11% higher at Rs 264,559 per 1 kg.

Five reasons why Indian share markets are rising:

#1 India-US trade deal:

The US and India have reached a trade agreement, reducing tariffs on Indian exports from 50% to 18%. President Trump announced the deal after speaking with Prime Minister Modi. This move is expected to boost India's economy and lift stock market confidence.

#2 Edge Over Regional Export Competitors:

India's new 18% tariff is lower than many nearby countries. Bangladesh, Sri Lanka, Taiwan, and Vietnam face 20%, while Pakistan, Indonesia, Malaysia, Thailand, and the Philippines have 19%. This gives India an advantage in exporting goods to the US.

#3 Rupee Rises:

The Indian rupee strengthened to 90.30 per US dollar, gaining more than 1% after the trade deal announcement. Investor optimism and foreign inflows supported the rise. The currency had already gained earlier after the RBI intervened in the market.

#4 Strong Global Cues:

Asian stock markets, including South Korea, Japan, China, and Hong Kong, traded higher. US markets also ended the day on a positive note. Strong global trends are lifting investor confidence in India.

#5 Crude Declines:

Brent crude oil prices dipped slightly to $65.96 per barrel. Lower oil prices reduce inflation and help improve India's trade balance. This also supports the Indian stock markets and the economy overall.
 

Hyundai Motors India Q3 Results

In the news from auto sector, shares of Hyundai Motors India shares came into focus after the company reported its Q3 FY26 results

Total revenue from operations for the quarter rose 8% to Rs 179.73 bn, compared with Rs 166.48 bn in the December quarter last year.

The company's EBITDA increased 7.4% to Rs 19.60 bn in Q3FY26 from Rs 18.25 bn a year ago, while the EBITDA margin remained steady at 11.2%.

The auto major reported a consolidated net profit of Rs 12.34 bn, up 6.3% from Rs 11.61 bn in the same period last year.
 

Mahindra Lifespace Developers Q3 Results

Moving on to the news from construction sector, shares of Mahindra Lifespace Developers came into focus after the company reported its Q3 FY26 results.

Mahindra Lifespace Developers' total revenue from operations for the quarter rose sharply to Rs 4.59 bn, up 174% year-on-year. Its IC&IC business contributed Rs 1.34 bn, up 91%, as the company leased 17.9 acres of land.

Total expenses for the quarter increased 117% to Rs 4.37 bn, mainly due to higher construction costs. The company also recorded an exceptional expense of Rs 0.26 bn related to new Labour Codes and acquiring the remaining 25.65% stake in Mahindra Homes, taking its ownership to 100%.

Residential pre-sales for Q3 FY26 reached Rs 5.72 bn, covering a saleable area of 0.6 million square feet, up 71% from last year. Gross development value additions were Rs 10.10 bn. The company reported a profit of Rs 1.09 bn, compared with a loss of Rs 0.22 bn in Q3 FY25.

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