Stock markets marginally higher as heavy sell-off in IT counters spoils sentiment https://www.taxtmi.com/news?id=70022 Benchmark indices closed marginally higher while IT shares plunged amid global tech weakness and AI-driven disruption concerns. Foreign institutional investors were net buyers and domestic institutions participated, the rupee depreciated modestly, and precious metals rose as safe-haven flows increased. The key policy development was an India-US trade deal framework proposing a reduction of US tariffs on Indian goods to 18 percent, a factor expected to influence market direction alongside upcoming domestic monetary policy decisions. en-us Wed, 04 Feb 2026 17:46:04 +0530 Wed, 04 Feb 2026 17:46:04 +0530 TaxTMI RSS Generator Stock markets marginally higher as heavy sell-off in IT counters spoils sentiment https://www.taxtmi.com/news?id=70022 Benchmark indices closed marginally higher while IT shares plunged amid global tech weakness and AI-driven disruption concerns. Foreign institutional investors were net buyers and domestic institutions participated, the rupee depreciated modestly, and precious metals rose as safe-haven flows increased. The key policy development was an India-US trade deal framework proposing a reduction of US tariffs on Indian goods to 18 percent, a factor expected to influence market direction alongside upcoming domestic monetary policy decisions. News - Wed, 04 Feb 2026 17:46:04 +0530 https://www.taxtmi.com/news?id=70022