6:10 AM
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The government has received financial bids for the strategic disinvestment of IDBI Bank, marking significant progress in the stake sale. This move, involving a combined 60.7% stake sale by the government and LIC, is expected to fetch around Rs 33,000 crore.
5:10 AM
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The RBI is set to introduce new rules to protect bank customers. Small digital fraud victims could receive up to Rs 25,000 compensation. Stricter guidelines will also target mis-selling of financial products and aggressive loan recovery practices. These measures aim to enhance consumer safety amidst growing cyber risks and unfair sales tactics.
12:10 PM
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The Reserve Bank of India has maintained the policy repo rate at 5.25%, opting for status quo. While external challenges are mounting, domestic economic conditions remain strong. The central bank has slightly revised upwards its near-term growth and inflation forecasts for the upcoming financial year, signaling a cautious yet optimistic outlook.
11:10 AM
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The Indian Rupee saw a slight gain against the US dollar, buoyed by trade deal optimism but tempered by caution ahead of the RBI's monetary policy. Stock markets mirrored this hesitant mood, opening lower as investors await the central bank's decision. Corporate dollar demand and domestic equity weakness also influenced currency movements.
2:10 AM
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What’s fueling the rise of private credit in the first place is the fact that banks are not being able to fulfil all kinds of requirements, leaving a funding gap for mid-market structured credit, said Dhedhi. “Private credit can provide non-dilutive capital that can be tailored to specific needs of each borrower.
9:10 AM
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Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Petronet, MRPL, and CCL. Here’s his view on Nifty, Bank Nifty, and the top stock picks for February 5, 2026:
3:10 AM
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The sharp slide in sector leaders like TCS, Infosys and Wipro, also left BSE’s IT index down 5.5% at close of session. Despite the tech meltdown, sensex closed marginally higher, up 79 points or 0.1%, as strong buying in other index-heavyweights like Reliance Industries and ICICI Bank more than made up for the loss inflicted by the software exporters.
7:10 AM
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According to Siddhartha Sanyal, Chief Economist, Bandhan Bank, the news of reduction of US tariff on India is a major positive, especially soon after the trade deal with the EU. “The end of the stalemate and the direction of the development is more important in this case than the quantum of the change in tariff as it opens room for further positive developments in near future.”
11:10 PM
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10:10 AM
Blogger
Asian markets opened February with a downturn, mirroring Wall Street's volatility. Precious metals saw significant losses, with gold and silver experiencing sharp declines. The yen weakened as the dollar strengthened, influenced by shifting expectations of Federal Reserve policy under potential new leadership. Investors await key economic data and central bank decisions globally.
9:10 AM
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Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the trading week (starting February 2, 2026) are ICICI Bank, and APL Apollo Tubes. Let’s take a look:
12:10 PM
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Finance Minister Nirmala Sitharaman announced a high-level committee, 'Banking for Viksit Bharat,' to align the banking sector with India's long-term development. This move signals a strategic push for public sector banks to become globally competitive, emphasizing governance, efficiency, and technology. The announcement follows a period of significant improvement in bank balance sheets and profitability.
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