A high-stakes dispute over military use of artificial intelligence erupted into public view this week as Defense Secretary Pete Hegseth brusquely terminated Anthropics work with the Pentagon and other government agencies.
Foreign investors showed buying interest in Indian stocks in February. However, recent geopolitical tensions are causing concern. Experts believe FIIs may pause fresh investments. They are likely to observe the evolving situation before committing further funds to emerging markets. This cautious stance could impact market sentiment.
European nations are reacting to major strikes on Iran by the US and Israel. Leaders are working to safeguard their citizens in the Middle East. Germany is holding an emergency meeting. The European Union is evacuating some staff. France and Italy are urging caution for their citizens. The situation is described as perilous and a military escalation is underway.
Oil prices rallied sharply after US and Israeli strikes on Iran heightened Middle East tensions. Brent and WTI hit multi-month highs, with further gains likely amid supply risks through the Strait of Hormuz, potentially pressuring equities and oil-sensitive sectors.
Nifty closed lower after sustained selling, staying above long-term averages but showing short-term weakness below key resistance. Technical indicators suggest consolidation with corrective bias. Energy, infra and financials show relative strength, while IT, auto and midcaps lag in near term.
