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Stock Market Live Updates: This week may appear to be a truncated one after the long weekend but it is not by any means. Starting with today's Nifty monthly expiry, the entire week has over 200 results to be reported, eventually culminating with the Union Budget presentation on Sunday, February 1. The Nifty heads into this all important week with 25,000 under threat of being broken again after another ₹16 lakh crore route last week. The index made a low last Friday of 25,025. Multiple moving parts grapple the markets. Geopolitical tensions, weakness in the rupee, lack of clarity over a US trade deal, among others. Stocks related to the EU-India trade agreement will be in focus today, along with multiple earnings reactions, ranging from Kotak Mahindra Bank, Axis Bank, Urban Company among others. Vodafone Idea, It is also an important earnings day with Asian Paints, Vodafone Idea, Tata Consumer, Motilal Oswal among others reporting results today. Watch this space for all the LIVE Updates.
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CNBC TV18•04-02-2026, 16:22

Sensex, Nifty hit 3-week high; IT stocks plunge on Anthropic AI launch impact

  • •Indian markets extended gains, with Nifty 50 closing at 25,776, up 0.19%, reaching a three-week high.
  • •IT stocks faced significant pressure, with the Nifty IT index down over 5% due to a plunge in Wall Street software stocks.
  • •ADRs of Infosys and Wipro fell 5-6% following the new Anthropic AI launch.
  • •The Nifty Bank index showed strength, rising 300 points to the 60,300 mark.
  • •Top gainers included Lloyds Metals, BLS International, IDBI Bank, Valor Estate, Adani Power, JBM Auto, and Kaynes Tech.
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