Indian Equities Rally on Buoyant Sentiment as Trump Eases Trade Tensions

StableGenius · 2026-02-06T13:12:45+00:00

Indian stock markets surged, buoyed by positive international signals and strong corporate earnings. The BSE Sensex and NSE Nifty both posted significant gains, supported by easing trade tensions and impressive quarterly results from major companies.

StableGenius

2026-02-06 13:12:45

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Indian stock markets kicked off on a strong note Thursday, riding on supportive international signals and encouraging quarterly results from major corporations. The rally gained momentum after U.S. President Donald Trump stepped back from his tariff threats against European nations over Greenland, instead announcing that a framework has been established with NATO Secretary Mark Rutte for future discussions on Greenland and Arctic-region cooperation. This shift in geopolitical tone lifted investor confidence globally and fueled optimistic trading across Indian exchanges.

Benchmark Indices Surge on Positive Global Backdrop

The buoyant market conditions reflected clearly in the numbers. The BSE Sensex climbed 705 points, representing a 0.9 percent gain to reach 82,615 in early trading. Similarly, the NSE Nifty index advanced 232 points, or 0.9 percent, settling at 25,389. Both benchmarks benefited from the easing of international trade tensions and a general uptick in risk appetite across emerging markets.

Individual Stocks Shine With Stellar Quarterly Results

Several major companies delivered impressive quarterly performances, driving individual stock momentum. Waaree Energies surged 11 percent following record third-quarter results, marking one of the session’s strongest performers. Pharmaceutical giant Dr Reddy’s Laboratories climbed 5 percent after beating market expectations in Q3. Jindal Stainless rallied 3.2 percent, Bank of India advanced 6 percent, and Bajaj Consumer Care soared 9 percent, all supported by encouraging quarterly earnings releases. Eternal gained over 1 percent after announcing a turnaround in Q3 results for the quarter ended December.

Strategic Moves Boost Market Sentiment

Beyond quarterly earnings, corporate developments added to the buoyant outlook. Lemon Tree Hotels climbed 2.5 percent following the announcement of a license agreement for an 85-room Lemon Tree Premier property in Omkareshwar, signaling expansion momentum. Biocon rallied more than 2 percent after completing its acquisition of the remaining stake in Biocon Biologics from Mylan Inc., a $200 million deal that strengthens its biologics portfolio.

The combination of easing geopolitical risks, robust corporate earnings, and strategic business developments created a supportive environment for Indian equities to extend their gains.

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