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Macroeconomic data, global geopolitical developments and rising concerns over AI-related disruptions are likely to dictate stock market sentiment in the coming week, analysts said, even as investors remain cautious amid persistent volatility.Trading activity of foreign investors and movements in the domestic currency are also expected to influence market direction. Focus on US data, fed outlook…
As February progresses, customers planning to visit banks are advised to check the holiday schedule in advance to avoid inconvenience. In India, banks observe both national and state-specific holidays, which means closure dates can differ from one region to another.Next week, several banks across the country will remain closed for state observances: February 18: Banks…
Benchmark indices Sensex and Nifty ended the week lower, each falling more than 1%, dragged down by a sharp selloff in IT stocks that weighed on investor sentiment amid growing concerns over potential AI-driven disruptions. Stronger-than-expected US jobs data for January also reduced hopes of an interest rate cut by the Federal Reserve.According to The…
File photo: Union commerce and industry minister Piyush Goyal (Picture credit: ANI) Union commerce and industry minister Piyush Goyal on Saturday said the interim trade agreement between India and the United States will factor in India’s rising energy requirements and help the country secure crude oil at more competitive prices.Speaking to reporters, Goyal said India…
Foreign Portfolio Investors (FPIs) staged a sharp turnaround in early February, infusing Rs 19,675 crore into Indian equities in the first fortnight, buoyed by the US-India trade deal and easing global macroeconomic concerns.The inflows come after three consecutive months of significant outflows. FPIs had pulled out Rs 35,962 crore in January, Rs 22,611 crore in…
The railway ministry on Saturday launched a reform to improve cleanliness on long-distance trains by deploying tech-enabled professional teams onboard.Railway minister Ashwini Vaishnaw said all coaches, including general class, will now be cleaned as and when required during the journey.Under the existing Clean Train Station scheme, trains are cleaned at designated stations en route. Under…
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