*Nifty50 and Bank Nifty are showing strength today, up by 0.75% and 1.27% early in trade.* *Here's what you need to know:* Despite a weak start to February, market sentiment appears to be stabilizing. This is likely due to President Trump’s decision to pause tariffs on Canada and Mexico for 30 days in exchange for concessions. However, tariffs on China are set to take effect within hours, which could impact global markets soon. Meanwhile, the BSE Sensex has hit its highest level in 4 weeks, and Small & Mid Caps have risen by 1% each.