IT stocks slump; Infosys dives over 7%

 Infosys. File picture | Photo Credit: The Hindu IT stocks tumbled on Wednesday (February 4, 2026), with Infosys slumping over 7%, in line with a heavy selloff in tech companies in the U.S.. Shares of Infosys plunged 7.19%, Tata Consultancy Services tanked 6.95%, LTIMindtree dropped 5.51%, and Hexaware Technologies tumbled 4.98% on the BSE. The…

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SEBI mulls over overhaul of ‘fit and proper person’ framework governing market intermediaries

In its consultation paper, SEBI has suggested amendments to Schedule II of the Intermediaries Regulations, 2008. | Photo Credit: File Photo Markets regulator Securities and Exchange Board of India (SEBI) on Wednesday (February 4, 2026) proposed a comprehensive overhaul of the ‘fit and proper person’ framework governing market intermediaries, aiming to bring greater procedural clarity…

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Rupee falls 11 paise to close at 90.43 against U.S. dollar

This image is used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 11 paise to 90.43 (provisional) against the U.S. dollar on Wednesday (February 4, 2026), after a sharp rally in the previous trading session following India-U.S. trade deal announcement, on suspected dollar buying by corporates and importers. Forex traders said…

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Stock market advances after India-US trade deal

Traders react after fluctuations in stock market, in Kolkata. Image for representational purposes only. File | Photo Credit: PTI Benchmark indices Sensex and Nifty were trading higher in early trade on Wednesday (February 4, 2026), building on previous day’s sharp rally, amid fresh foreign fund inflows and positive sentiment following the India-U.S. trade deal. A…

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