PM Modi in Rajya Sabha, Stocks Slide, RBI MPC Tomorrow, HAL Chief on Fighter Jet Race & More
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CNBC TV1805-02-2026, 22:00

PM Modi in Rajya Sabha, Stocks Slide, RBI MPC Tomorrow, HAL Chief on Fighter Jet Race & More

  • Indian markets snapped a three-day rally, with Sensex dropping 504 points and Nifty slipping below 25,700 due to selling pressure in heavyweight and IT stocks.
  • Alphabet announced an aggressive $185 billion capex plan for 2026, exceeding analyst expectations, though its stock fell post-earnings.
  • Prime Minister Narendra Modi addressed the Rajya Sabha, emphasizing India's growing global influence and its role as a 'loud voice of Global South'.
  • Silver prices experienced a sharp intraday correction, falling 16% and slipping below $75 an ounce, amid heightened global risk-off sentiment.
  • The RBI's February monetary policy meeting is expected to focus on liquidity management rather than interest rate changes, with a rate pause likely.

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