US President Donald Trump announced a trade deal between India and the United States on Monday, adding that the US reciprocal tariffs on India would be slashed to 18 per cent.

India-US trade deal: According to experts, the Indian stock market may have a gap-up opening on Monday and the Nifty 50 index may break above 25,500 hurdle in the near term

During the trading session, DIIs purchased shares worth Rs 28,206 crore and sold shares worth Rs 27,192 crore. On the other hand, FIIs bought shares worth Rs 27,678 crore but sold shares worth Rs 22,441 crore.

The U.S. and India have finalized a trade deal on Monday after months of negotiations, steadying a relationship that had plummeted to its lowest point in decades.

The India–US trade agreement and Union Budget 2026 together send a strong signal of policy continuity and long-term growth intent, said Ajay Garg, Director and CEO of SMC Global Securities.

The response from India Inc suggests that the trade deal is being read less as a one-off tariff concession and more as a signal of India’s maturing role in global commerce.

U.S. Treasury yields were mostly steady on Tuesday as investors digested news that the United States and India have agreed to a trade deal.

The US will cut tariffs on Indian goods to 18% after PM Modi agreed to stop buying Russian oil. President Trump called it a historic deal, marking a sharp reset in India-US trade ties.