Indian Equity Benchmarks Struggle for Direction as IT Selloff Offsets Trade Deal Optimism
Indian indices remained little changed on Wednesday as a sharp decline in the IT sector countered gains from a proposed trade deal with the United States.
Insights:
Indian 
INequity benchmarks were largely unchanged on Feb 4, 2026, after a prior-session rally tied to the announcement of a trade deal. As of 10:27 a.m. IST on Feb 4, 2026 the Nifty 50 was up 0.07% to 25,746.40, while the BSE Sensex was down 0.07% to 83,678.09. This mixed performance follows the best session in nine months for the market in India, which was triggered by the announcement of a significant trade agreement with the United States 
US.
INequity benchmarks were largely unchanged on Feb 4, 2026, after a prior-session rally tied to the announcement of a trade deal. As of 10:27 a.m. IST on Feb 4, 2026 the Nifty 50 was up 0.07% to 25,746.40, while the BSE Sensex was down 0.07% to 83,678.09. This mixed performance follows the best session in nine months for the market in India, which was triggered by the announcement of a significant trade agreement with the United States US.
