Markets Navigate Mixed Signals Amid Trade Optimism and Tech Concerns

Business
M
Moneycontrol•09-02-2026, 07:32
Markets Navigate Mixed Signals Amid Trade Optimism and Tech Concerns
- •Markets opened strong on India-US trade deal news but faced selling pressure later in the week.
- •Nifty50 rose 1.47% to 25,693.70; FIIs turned buyers, injecting Rs 2,645.53 crore into equities.
- •Realty, Infrastructure, Energy, Oil & Gas sectors gained, while IT, Defence, and PSU Banks declined.
- •Tech stocks fell due to Anthropic's new AI tools, raising concerns about IT outsourcing demand.
- •Dow Jones surged past 50,000 for the first time, showing rotation from tech to value stocks.
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