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GLOBAL-Oil prices extend gains on fears of escalating tensions in Mideast
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In an exchange filing on Tuesday, February 3, Yes Bank said Tonse has been appointed for a three-year term from his date of joining, which is yet to be announced. The appointment will also be subject to approval from the bank’s shareholders.
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Indian Energy Exchange shares will be in focus on February 4 after the exchange posted its highest-ever monthly electricity traded volume in January 2026, up nearly 20% YoY. Higher power availability from renewables and coal lowered market prices, boosted liquidity and drove strong growth in real-time, term-ahead and green power segments.
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Indian equity benchmarks Nifty and Sensex opened lower on Wednesday, dragged down by a significant sell-off in IT stocks following a major tech rout in the US. Investors also booked profits after a strong rally, while escalating geopolitical tensions added to market caution. Despite the weak open, indices pared losses to trade flat.
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AI heavyweights Nvidia and Microsoft each fell almost 3%. Alphabet dropped 1.2% ahead of its report on Wednesday, while Amazon declined 1.8% ahead of its Thursday report.
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Fractal Analytics has set a price band of 857-900 rupees per share for its IPO, targeting a valuation of approximately $1.60 billion. The AI firm will open its IPO for retail investors on February 9, aiming to become India’s first pure-play AI-focused listed company.
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GLOBAL-Gold extends rally, jumps over 2% after best day since 2008
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