Indian shares rose as global AI disruption worries eased and investors awaited Nvidia’s earnings report for signals on AI demand. Meanwhile, President Trump suggested tariffs could replace income tax in his State of the Union address. The BSE Sensex gained 495 points, while the NSE Nifty rose 145 points. IT stocks like Infosys and TCS climbed 2% after Anthropic PBC emphasized partnerships with companies. HG Infra Engineering surged 3% as the L-1 bidder for a NHAI project worth Rs 1,582 crore. IRFC fell 4% on reports of a government stake sale. Power Grid Corp. of India gained 1.4% after a successful project commissioning in Rajasthan.

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