Bearish News
Collection
Anthropic’s Newest AI Tool: Overview and Market Implications for the Global Technology Sector
**MARKET BRIEF: The 'SaaSpocalypse' — AI Turns from Feature to Foe** **Global software markets are reeling** after Anthropic’s release of **Claude Cowork** and its new specialized plugins triggered a massive selloff. Investors have abruptly shifted their stance on Artificial Intelligence: once viewed as a productivity booster for software firms, it is now being priced as an existential threat. **The Trigger Event** Anthropic launched **Claude Cowork** alongside **11 open-source plugins** targeting specific professional workflows—most notably a "legal" plugin capable of automating contract review, NDA triage, and compliance checks. This move demonstrated that AI agents can now bypass traditional software interfaces entirely, effectively turning the "platform" into the "competitor." **Market Carnage by the Numbers** The reaction was immediate and severe, wiping out approximately **$285 billion** in market value in a single trading session. * **Legal & Data Tech:** Hardest hit. **Thomson Reuters** crashed **~18%**, while **RELX** (LexisNexis) dropped **14%**. **LegalZoom** plummeted nearly **20%**. * **SaaS Giants:** The contagion spread to broader software. **Salesforce (CRM)** fell **7%**, and **Adobe** faced renewed selling pressure. * **Indian IT Impact:** The Nifty IT index plunged **over 7%**—its worst day in years. **Infosys** slid **9%**, while **TCS** and **LTIMindtree** lost **~7-8%**. **The New Sentiment: "Feature vs. Foe"** Analysts at Jefferies and other firms have dubbed this the **"SaaSpocalypse."** The core fear is that AI agents will not just automate tasks *within* software (requiring a seat license) but will *perform* the work independently, reducing the need for expensive per-seat subscriptions. **Sector Rotation** Capital is aggressively rotating out of the "application layer" (SaaS) and into "infrastructure" (semiconductors/hardware) or defensive assets. The market is currently pricing in a scenario where AI commoditizes the workflow layer, forcing software incumbents to drastically prove their defensibility. ... [SaaSpocalypse Hits Tech Stocks - Market Analysis](https://www.youtube.com/watch?v=daaQ4B6-35w) ... This video provides a timely breakdown of the "SaaSpocalypse" selloff, analyzing the specific impact on tech stocks and the broader market rotation away from software companies. http://googleusercontent.com/youtube_content/0
Asian Markets Fall After US Sell-off; Oil and Gold Rise
**Global Market Brief | February 4, 2026** **Oil Markets: Geopolitical Risk Returns** Crude futures pushed higher today as renewed US-Iran tensions rattled energy markets. **Brent** crude climbed **1.0%** to **$67.98** per barrel, while **WTI** rose **1.1%** to **$63.90**. **Key Drivers:** * **Strait of Hormuz Escalation:** The US military confirmed shooting down an Iranian drone that approached the USS Abraham Lincoln. Reports also indicate the US-flagged tanker *Stena Imperative* was harassed by IRGC vessels, heightening fears of supply disruptions in the critical waterway. * **Inventory Draw:** Adding support to prices, API data signaled a massive **11.1 million** barrel drop in US crude stockpiles, suggesting tighter physical markets than previously estimated. * **Diplomatic Hopes:** Despite the military friction, diplomatic channels remain active, with nuclear talks reportedly scheduled to resume in Oman this Friday. **Precious Metals: A Sharp Rebound** After a brutal sell-off earlier in the week, precious metals found solid footing, staging a significant recovery as safe-haven demand resurfaced. **Market Moves:** * **Gold:** Spot prices surged over **2%** to reclaim the **$5,050** per ounce level, recovering from recent lows as the dollar softened. * **Silver:** The metal outperformed, jumping more than **6%** to trade near **$90** per ounce. This marks a swift turnaround after a historic **40%** plunge in the prior two sessions, driven by margin adjustments and liquidation. * **Outlook:** Volatility remains extreme, but the rapid bounce suggests the broader bullish trend for metals remains intact amid geopolitical uncertainty. **Market Sentiment:** **Cautious.** Traders are balancing the immediate risk of Middle East conflict against the potential for de-escalation at the upcoming Oman talks. I can set up a daily alert for Strait of Hormuz shipping updates if you need to track supply risks closer.
Analysis of Rs 2 Lakh Crore Valuation Drop in IT Stocks and Implications for Investors
**MARKET BRIEF: AI DISRUPTION FEARS TRIGGER IT SECTOR ROUT** **Wednesday, February 4, 2026** Indian IT stocks faced a severe selloff today as fears of artificial intelligence replacing traditional service models turned into tangible market panic. The slump was triggered by developments at US-based AI firm **Anthropic**, which launched advanced "agentic" plugins for its Claude platform capable of automating complex workflows—specifically legal review, sales, and compliance tasks—that form the backbone of many outsourcing contracts. **Market Impact** The **Nifty IT index** plunged approximately **6-7%**, marking its sharpest single-day decline in nearly a year. The rout erased an estimated **₹2 lakh crore** in investor wealth within a single session, dragging the broader benchmarks despite resilience in other sectors. **Key Stock Movements** * **Infosys:** Plummeted **~7-8%**, leading the losses among heavyweights. * **TCS:** Shed **~6-7%**, falling below critical valuation thresholds. * **LTIMindtree & Persistent Systems:** Mid-cap players were hit hardest, dropping **6-8%**. * **Wipro:** Declined **~4-5%**, struggling to hold support levels. **The "SaaSpocalypse" Narrative** Investors are reacting to a shift in sentiment dubbed the "SaaSpocalypse" on Wall Street. The concern is no longer just about AI competition, but existential obsolescence. The new tools introduced by Anthropic demonstrate the ability to bypass traditional "per-seat" or "billable hour" models, potentially shrinking the total addressable market for legacy IT service providers. **Global Correlation** The domestic crash mirrored a **1.4%** drop in the **Nasdaq** overnight, where major tech giants like Microsoft and Nvidia also saw corrections. Global capital is currently reassessing valuations for software and services firms, pricing in the risk that AI agents could deflate long-term profitability faster than anticipated. **Outlook** While some analysts argue the reaction is an oversold panic, the immediate sentiment remains fragile. The sector is now facing a structural "prove-it" phase, where companies must demonstrate they can monetize these AI agents rather than be replaced by them.
Anthropic AI Tools Weigh on Data Analytics and Software Stocks
**Market Brief: Thomson Reuters Crashes on AI Disruption Fears** **Historic Selloff** Toronto-based **Thomson Reuters (TRI)** witnessed a catastrophic trading session on Tuesday, plunging approximately **18%**. This marks the company’s **biggest daily loss on record** and sends the stock to its lowest closing level since **June 2021**. The sharp decline erased billions in market value, snapping a period of relative stability for the legal and data giant. **The AI Trigger** The massive selloff was triggered by **Anthropic’s** launch of new "Claude Cowork" plugins specifically designed for the legal industry. These AI tools automate core tasks such as contract review, compliance workflows, and legal briefings—services that directly compete with Thomson Reuters' "Westlaw" database and workflow solutions. Investors fear this move signals the beginning of direct, high-level AI competition that could erode the "moat" of traditional legal data incumbents. **Sector-Wide Impact** The panic was not isolated to Thomson Reuters. The entire legal-analytics sector faced a wave of selling pressure: * **RELX (parent of LexisNexis)** dropped approximately **14%**. * **Wolters Kluwer** fell roughly **13%**. * **Pearson** and other professional service firms also saw significant declines. **Market Sentiment & Outlook** Analysts described the market reaction as "shooting first and asking questions later," reflecting deep anxiety over how rapidly Generative AI could commoditize professional services. The crash comes at a critical moment, as Thomson Reuters is scheduled to report its **Q4 earnings results** on **Thursday, February 5, 2026**. All eyes will now turn to management’s commentary on how they plan to defend their market share against this new wave of AI-native competitors.
Oil Rises on Middle East Tensions
**MARKET BRIEF: Oil Rallies on US-Iran Naval Clashes** **Global oil prices** have extended gains in early trading today, Wednesday, **February 4, 2026**, driven by renewed military friction in the Middle East and a massive drop in U.S. crude inventories. **Price Action** Benchmark indices are trading higher as risk premiums re-enter the market: * **Brent Crude** is up roughly **0.8%**, trading near **$67.89** per barrel. * **WTI Crude** has climbed approximately **1.0%**, hovering around **$63.84** per barrel. **Key Drivers: Middle East Tensions** Buying pressure surged following reports of direct confrontations in the **Strait of Hormuz** and the Arabian Sea. The U.S. military confirmed it shot down an Iranian drone that aggressively approached the *Abraham Lincoln* aircraft carrier. Simultaneously, maritime security sources reported that Iranian gunboats harassed a U.S.-flagged tanker, the *Stena Imperative*, north of Oman. These incidents have cast doubt on the viability of diplomatic talks between Washington and Tehran scheduled for this Friday. **Supply Fundamentals** Beyond geopolitics, fundamentals provided strong support. The American Petroleum Institute (API) reported a significant draw in U.S. crude inventories of **11.1 million barrels** for the last week—far exceeding analyst expectations. Traders are now awaiting official EIA data later today to confirm this tightening of supply. **Market Outlook** Volatility is expected to remain high through the end of the week. While **OPEC+** has signaled it may maintain current production cuts until March, the immediate focus remains on whether diplomatic channels can prevent further military escalation in the Gulf.
Dollar Steady, Yen Volatile Ahead of Japan Election
**MARKET BRIEF: USD/JPY & GLOBAL FX** **Election Jitters Weigh on Yen** Global currency markets are locked in a holding pattern as the countdown begins for Japan’s snap general election on **February 8, 2026**. The Japanese Yen remains the focal point of volatility, wobbling significantly against major peers. The USD/JPY pair is currently trading near **156.43**, reflecting sustained downward pressure on the Japanese currency despite repeated verbal warnings from officials in Tokyo. Traders are pricing in high stakes for Sunday’s vote. Prime Minister Sanae Takaichi, seeking a stronger mandate, has campaigned on a platform of aggressive fiscal expansion—dubbed by some as "Abenomics 2.0." Her pledges, including a potential two-year suspension of the consumption tax on food, have spooked bond markets. Investors fear these measures could worsen Japan's debt-to-GDP ratio, which already exceeds **260%**. **Bond Yields and Policy Divergence** The anxiety over Japan’s fiscal health has triggered a sell-off in Japanese Government Bonds (JGBs). The yield on the benchmark 10-year JGB has spiked to **2.38%**, a level not seen in decades, while the 40-year yield has surpassed **4.20%**. This sharply rising yield curve complicates the Bank of Japan's (BOJ) path toward monetary normalization. While the BOJ kept interest rates unchanged at its January 23 meeting, the central bank remains under intense pressure. Governor Kazuo Ueda has signaled a willingness to hike rates if inflation persists, but the political necessity of supporting the economy ahead of the election has forced a temporary pause. This hesitation is widening the perceived policy gap between Japan and the United States, further undermining the Yen. **Dollar Finds Footing** Conversely, the US Dollar is finding renewed support. The Dollar Index (DXY) is holding firm around **97.63**, recovering from recent lows. Bullish sentiment has been fueled by robust economic data, specifically the ISM Manufacturing PMI, which climbed to **52.6** in January, signaling the first expansion in the sector in over a year. Political developments in the US are also influencing the greenback. The nomination of Kevin Warsh as the next Federal Reserve Chair has introduced a hawkish tilt to long-term expectations. Markets view Warsh as vigilant on inflation, potentially signaling a slower pace of future rate cuts compared to the current trajectory. This perception is bolstering the Dollar’s yield advantage over the Yen. **Intervention Risks Loom** As the Yen weakens toward the **157.00** handle, the threat of currency intervention is rising. Finance Minister Satsuki Katayama has stated that Japan has "free hands" to address excessive volatility. Market participants are on high alert for sudden moves, remembering the joint interventions of 2022 and 2024. However, until the election results confirm the composition of the next government and its fiscal direction, the path of least resistance for the Yen appears to be lower. The immediate focus remains on Sunday’s ballot box, which will likely determine whether Japan doubles down on stimulus or pivots toward fiscal discipline. ... [Japan's February Election Stakes](https://www.youtube.com/watch?v=AWFA_7wvQLw) ... This video provides essential context on Prime Minister Takaichi's strategy and the political landscape driving the current market volatility ahead of the February 8 vote. http://googleusercontent.com/youtube_content/0
Bitcoin Leads Crypto Market Decline of Nearly $500 Billion in One Week
**MARKET BRIEF: Geopolitical Tensions Rattle Risk Assets** **Global Markets & Geopolitics** Escalating tensions between the US and **Iran**—sparked by the downing of an Iranian drone and threats to Strait of Hormuz shipping—have triggered a flight to safety. Risk assets are under heavy pressure, while traditional safe havens and energy commodities surge. **Equities & Crypto Markets** US equities and cryptocurrencies have decoupled from their "digital gold" narrative, failing to hedge against geopolitical instability. * **S&P 500:** Trading downward around **6,917**, pulling back from recent record highs as uncertainty grips Wall Street. * **Bitcoin:** The leading asset has plunged to approximately **$76,350**, now sitting roughly **40%** below its all-time high of **$126,000**. * **Market Sentiment:** The "Crypto Fear & Greed Index" has collapsed to **20**, signaling **Extreme Fear**. The broader crypto selloff has wiped out billions in value, with major liquidation events exceeding **$2.5 billion** recently. **Commodities Performance** In stark contrast to risk assets, commodities are rallying on fear and potential supply disruptions. * **Gold:** Continues to shine as a primary hedge, rebounding to trade near **₹16,053 per gram** (approx. global equivalents holding strong), following a record-breaking rally in January. * **Oil:** WTI crude has climbed to **$63.82** and Brent to **$67.85** per barrel, driven by fears of Middle East supply constraints. **Key Takeaway** Investors are aggressively rotating capital out of tech and crypto into tangible defensive assets like gold and oil. The correlation between Bitcoin and equities remains tight during crisis events, challenging the thesis of crypto as a non-correlated store of value.
Kanishk Aluminium India IPO listing today: GMP, subscription status, and market outlook
**Kanishk Aluminium Lists at Steep Discount, Hits Lower Circuit on Debut** Kanishk Aluminium India Limited faced a challenging market debut today, February 4, 2026, listing significantly below its issue price. The stock began trading on the BSE SME platform at **₹58.40**, marking a sharp **20% discount** against the fixed issue price of **₹73**. **Immediate Selling Pressure** Sentiment remained weak immediately after the opening bell. The scrip failed to sustain its listing level and quickly succumbed to heavy selling pressure. Within minutes of the debut, the stock slid further to hit the **5% lower circuit** limit, locking in at **₹55.48**. For investors who were allotted shares in the IPO, this translates to an unrealized loss of approximately **24%** from their initial investment on the very first day. The lack of buying interest was evident as the stock remained stuck at the lower price band with pending sell orders and negligible buyers. **Weak Subscription Signal** The tepid listing performance mirrors the sluggish demand seen during the subscription phase. The **₹29.20 crore** public offer, which was open from January 28 to January 30, was subscribed just **1.04 times** overall. Breakdown of the demand showed a clear divide in investor confidence. While retail investors showed some interest, subscribing their portion **1.86 times**, the Non-Institutional Investor (NII) category was significantly undersubscribed at just **0.23 times**. This absence of wealthy and institutional capital often signals caution to the broader market, which played out in today's price action. **Financial Backdrop and Valuations** Kanishk Aluminium, a Jodhpur-based manufacturer incorporated in 2022, specializes in aluminium extrusion products for sectors including automotive, solar, and architecture. Financially, the company reported revenue of **₹60.13 crore** and a Profit After Tax (PAT) of **₹3.04 crore** for the fiscal year ended March 2025. This reflected a net profit margin of roughly **5.09%**. While profitability showed improvement over the previous year, the flat revenue growth curve appears to have dampened investor enthusiasm. The IPO valuation was pegged at a P/E multiple of roughly **22.67x**, which market participants evidently found unattractive given the company's financial scale and sector risks. **IPO Structure and Utilization** The issue was entirely a fresh issue of **40 lakh equity shares**, with no Offer for Sale (OFS) component. The company aims to utilize the proceeds primarily for debt reduction, specifically repaying or prepaying borrowings amounting to **₹19.50 crore**. Additional funds are allocated for branding initiatives for its 'Baari' product line and general corporate purposes. **Market Sentiment** The negative listing of Kanishk Aluminium highlights a broader trend of selectivity in the SME IPO segment. Investors are increasingly scrutinizing fundamentals and avoiding companies with low subscription figures or weak grey market signals. The lack of a "listing pop" today serves as a reminder of the risks inherent in the high-beta SME space, particularly when institutional participation is minimal. Traders will now closely monitor the counter for any signs of liquidity or a reversal in the coming sessions, though the locked lower circuit suggests that selling pressure may persist in the immediate term.
UPL Share Price Declines
**Global Market Brief: February 4, 2026** **Market Pulse: Tech Retreats, India Rallies** Global markets displayed sharp divergence today. US equities stumbled as investors rotated out of the technology sector, dragging the **Nasdaq Composite** down **1.43%** to 23,255 and the **S&P 500** lower by **0.84%** to 6,917. The **Dow Jones** managed to limit losses to **0.34%**, aided by defensive rotations. In contrast, Asian markets saw a significant boost, led by India. The **Sensex** and **Nifty 50** surged over **2.5%**, reacting positively to the newly announced US-India trade agreement which slashes tariffs on Indian goods to **18%**. **Sector Spotlight: AI Jitters Hit Software** The "AI trade" is facing a reality check. Major tech names faced heavy selling pressure, with **NVIDIA** dropping **2.84%** and **PayPal** plummeting over **20%**. Investors are increasingly concerned that rapid advancements in artificial intelligence models are eroding market share for traditional software service companies. This sentiment triggered a broad sell-off in the software vertical, despite strong earnings reports from other segments of the market. **Policy & Geopolitics: Trade Deals & Fed Shifts** Key political developments are driving asset allocation: * **US-India Pact:** President Trump announced a reciprocal trade deal with India, cutting tariffs and boosting risk appetite in emerging markets. * **Fed Leadership:** The White House has nominated **Kevin Warsh** as the next Federal Reserve Chair, signaling a potential shift in monetary policy management. * **Geopolitical Tension:** Escalating friction between the US and Iran is keeping volatility elevated, with the **VIX** jumping **10%** to 18.00. * **Government Shutdown:** A partial US government shutdown remains in effect, adding a layer of uncertainty to domestic economic forecasts. **Commodities: Gold’s Historic Run** Safe-haven demand is dominating the commodities space. Gold prices have staged a massive rally, with some contracts breaking past the psychological **$5,000 per ounce** barrier following the renewed geopolitical risks. Crude oil remains volatile but elevated, with **Brent Crude** trading near **$66.50** and **WTI** holding around **$61.80** per barrel. Markets are weighing supply fears from the Middle East against demand concerns from the tech-led equity slowdown. **Crypto: Digital Assets Cool Down** The cryptocurrency market is in a consolidation phase. **Bitcoin (BTC)** has slipped roughly **2.3%**, trading near **$76,600**, struggling to reclaim the $80,000 level. **Ethereum (ETH)** followed suit, dipping **2.2%** to trade around **$2,280**. The total crypto market cap has seen a contraction of approximately **14%** week-over-week as capital rotates back into traditional safe havens like gold and bonds. The searched domain is not from YouTube, so no video URL is included.
Morgan Stanley Maintains Buy on Aditya Birla Capital; Goldman Sachs Cuts Varun Beverages Target Price
**Global Market Snapshot: Volatility Grips Major Assets** **Wednesday, February 4, 2026** Global markets are navigating a turbulent mid-week session as technology stocks and cryptocurrencies face sharp sell-offs, while geopolitical tensions drive capital into commodities. **Equities: Tech Sell-Off Weighs on Sentiment** US markets closed lower, dragged down by a steep decline in the technology sector. The **Nasdaq Composite** fell **1.43%** to roughly **23,255**, and the **S&P 500** dipped **0.84%** to **6,917**. Investors are reacting to fears that rapid AI advancements are disrupting traditional software models, sparking a rotation out of major tech names. In Asia, the **Nikkei 225** dropped **1.23%**, echoing Wall Street’s weakness. However, Indian markets showed resilience, with the **Nifty 50** trading flat-to-positive near **25,750** and the **Sensex** hovering around **83,755**, supported by optimism surrounding recent India-US trade discussions. **Crypto: Bitcoin Under Heavy Pressure** The cryptocurrency market is witnessing a significant correction. **Bitcoin (BTC)** has slumped to the **$74,500 – $77,000** range, marking its lowest level since early 2025. Sentiment has turned bearish following the nomination of Kevin Warsh as Federal Reserve Chair, raising concerns about tighter monetary policy. Continued outflows from Spot Bitcoin ETFs and fears of a US government shutdown are further dampening appetite for digital assets. **Commodities: Oil & Gold Rally** Geopolitical instability is boosting traditional commodities. **Brent Crude** climbed nearly **1%** to **$68.03** per barrel, and **WTI** rose to **$63.90** after the US military intercepted an Iranian drone, escalating tensions in the Middle East. **Gold** continues to attract safe-haven flows, trading firmly above **$4,700** per ounce globally. In domestic markets, prices remain elevated as investors hedge against the broader equity volatility. **Key Market Drivers** * **AI Disruption:** Fears that AI agents are replacing legacy software services are hurting tech valuations. * **Fed Policy:** Expectations of "higher for longer" interest rates under new leadership. * **Geopolitics:** Renewed US-Iran friction supporting energy prices.
NTPC Share Price and Monthly Performance Update
**Global Market Brief | February 4, 2026** **Executive Summary** Markets are navigating a period of high volatility characterized by a violent rotation out of technology stocks and historic turbulence in precious metals. Geopolitical developments—specifically a new US-India trade pact and rising tensions in the Middle East—are driving sentiment alongside major US policy shifts. **US Equity Markets: Tech Rotation Intensifies** US indices remain divergent as investors flee high-growth tech for value and cyclical sectors. * **Indices:** The **Dow Jones** surged **515 points (+1.1%)** earlier this week, nearly hitting a record close. In contrast, the **Nasdaq 100** slid **1.6%**, and the **S&P 500** dipped **0.8%** amid a tech selloff. * **Tech Under Pressure:** Software stocks faced aggressive selling (down **~4%** broadly). **Nvidia** fell **3%** on news of stalled OpenAI investments. **Oracle** dropped **2.8%** after announcing a massive **$45–$50 billion** capital raise. **Adobe** and **ServiceNow** saw declines of roughly **7–8%**. * **Bright Spots:** **Walmart** defied the trend, surpassing a **$1 trillion** market cap. **Global & Emerging Markets** * **India Rally:** Indian markets (Sensex and Nifty) rallied sharply on Feb 4, fueled by a new trade deal with the US. Key terms include the US lowering tariffs on Indian goods to **18%** (from 25%) in exchange for India halting Russian oil purchases. * **Asia:** Markets were mixed, with South Korea’s Kospi tracking higher while indices in Japan and China faced headwinds from the global tech slump. **Commodities: Historic Volatility** Precious metals are experiencing a "flash crash" scenario following heightened margin requirements and shifting Fed expectations. * **Silver:** Witnessed its worst single-day drop since 1980, crashing nearly **30%** before a slight recovery. Current prices hover around **₹2.6 lakh/kg** in India. * **Gold:** Also faced heavy selling, dropping roughly **9%** in international markets to **~$4,781/oz**. Domestic prices in India corrected to **~₹1.49 lakh** per 10 grams. * **Oil:** Crude prices ticked higher, supported by news of the US Navy intercepting an Iranian drone, reigniting supply disruption fears. **Macroeconomic Drivers** * **Fed Leadership:** Volatility spiked after President Trump nominated **Kevin Warsh** to succeed Jerome Powell as Federal Reserve Chair, signaling a potential hawkish pivot. * **Interest Rates:** The Fed held rates steady at **3.50%–3.75%** in late January. * **Data Delays:** The January US jobs report has been delayed due to a partial government shutdown, leaving investors flying blind on labor market health. * **Crypto:** Bitcoin slumped to **~$78,000**, its lowest level since November 2024, caught in the broader risk-off sentiment.
Bajaj Finserv Share Price Updates: Stock Registers Decline in Returns
**Global Market Brief: India Rallies, Crypto Crumbles & Gold Shines** **Date:** February 4, 2026 **Market Overview** Global markets are witnessing a sharp divergence today. While Indian equities are celebrating a historic trade pact, US markets and digital assets are reeling under the pressure of hawkish Federal Reserve expectations and rising geopolitical tensions. **🇮🇳 India: Historic Surge on Trade Deal** Indian markets have decoupled from global weakness, posting massive gains following the announcement of a landmark **India-US trade deal**. * **Indices Rocket:** The **Nifty 50** surged **2.55%** to close at **25,727**, while the **Sensex** jumped over **2,000 points** (+2.54%) to **83,739**. * **Rupee Strength:** The Indian Rupee logged its best single-day performance in **7 years**, strengthening significantly against the US Dollar as foreign inflows are expected to accelerate. * **Sector Leaders:** Banking and Realty stocks led the charge, with **Bank Nifty** crossing the **60,000** mark (+2.43%). Heavyweights like **Reliance Industries** and **HDFC Bank** were top contributors to the rally. **🇺🇸 US & Global: Fed Fears & Tech Selloff** Wall Street is flashing warning signs as investors digest the nomination of **Kevin Warsh** as the next Federal Reserve Chair. Known for his hawkish stance, Warsh’s nomination has triggered fears of tighter liquidity and a smaller Fed balance sheet. * **Tech Slide:** The **Nasdaq** fell **1.43%** to **23,255**, dragged down by a selloff in AI and semiconductor stocks. **Nvidia** (-2.8%) and **PayPal** (-20%) faced heavy selling pressure. * **Geopolitics:** Tensions in the Middle East escalated after the US shot down an Iranian drone, adding to the risk-off sentiment in western markets. **🪙 Crypto: The "Warsh" Crash** The cryptocurrency market is facing a severe correction, reacting negatively to the potential regime change at the Fed. * **Bitcoin Plunge:** Bitcoin has crashed below the psychological **$80,000** level, trading near **$78,500** (down ~6.5% in 24 hours). This marks its lowest level since November 2025. * **Liquidation Cascade:** Over **$785 million** in positions were liquidated globally as "extreme fear" dominates sentiment. **Ethereum** and altcoins are seeing sharper declines, underperforming Bitcoin. **⚱️ Commodities: Flight to Safety** As equities wobble and war risks rise, capital is fleeing into traditional safe havens. * **Gold at $5,000:** Gold prices have shattered records, soaring above **$5,000 per ounce** globally. In India, prices crossed **₹1.5 Lakh** per 10 grams. * **Silver Surge:** Silver is outperforming gold with a massive **4% jump**, approaching **₹3 Lakh** per kg in domestic futures markets. * **Oil Ticks Up:** Crude oil prices are creeping higher, with **Brent** pushing toward **$68**, supported by supply concerns in the Middle East. **Outlook** Volatility is expected to remain high this week. Traders should watch for the **RBI Policy meeting** (to see if they intervene on the Rupee's rise) and further details on the US-India trade pact. Globally, the focus remains on the bond market's reaction to the new Fed leadership. *** **Next Step:**
RIL Share Price Registers Monthly Decline
Global Market Brief — February 4, 2026 📉 Global Equities: Divergent Trends **India Leads the Charge** Indian markets staged a massive rally today, decoupling from global weakness. The **Nifty 50** surged over **2.5%** to reclaim **25,727**, while the **Sensex** jumped **2,072 points** to close at **83,739**. Adani Group stocks were the primary drivers following strong Q3 results, with **Adani Enterprises** soaring **10.3%** and **Adani Ports** climbing **9.1%**. **US & Tech Under Pressure** In contrast, US markets faced headwinds as investors digested a flood of tech earnings and the recent end to the government shutdown. The **Nasdaq** slid **1.43%** to **23,255**, and the **S&P 500** declined **0.84%** to **6,917**. The **Dow Jones** remained relatively flat, dipping just **0.34%** to **49,240**. 🪙 Commodities & Crypto: Flight to Safety **Gold & Oil Rally** Geopolitical tensions in the Middle East and a weaker dollar have fueled a safe-haven rush. **Gold** prices extended their historic run, breaking past **$4,950 per ounce** after touching an all-time high near **$5,600** last week. **Crude Oil** prices also ticked higher as traders monitored potential supply disruptions. **Crypto "Extreme Fear"** The digital asset market remains in correction territory. **Bitcoin** is struggling to hold the **$76,000** support level after a week-long rout wiped nearly **$500 billion** from the sector. Sentiment has hit "extreme fear," with **Ethereum** trading down around **$2,250**. 🌍 Key Economic Drivers * **US Government Shutdown Ends:** President Trump signed a funding deal with Democrats, alleviating immediate fiscal uncertainty, though market reaction remains tepid. * **Corporate Earnings:** Strong EBITDA beats from Indian infrastructure giants have revitalized domestic sentiment, while US investors rotate out of high-growth tech stocks. * **Geopolitics:** Escalating tensions in the Middle East continue to support energy and precious metal prices, offsetting bearish pressure from equity market volatility.
L&T Shares Post Negative Monthly Returns
**Global Market Brief | February 4, 2026** **📉 Global Sentiment: Tech Stumble & Geopolitics** Global equities face pressure today as a sharp sell-off in US technology stocks dampens sentiment. Investors are reassessing AI valuations, leading to profit-taking in major players like **Nvidia** and **Microsoft** (both down **~3%**). * **Wall Street:** The **Nasdaq** dropped **1.43%** and **S&P 500** fell **0.84%** overnight, driven by fears that new AI tools are disrupting established software pricing power. * **Geopolitics:** Tensions have escalated after US forces downed an Iranian drone, driving capital toward safe-haven assets. **🇮🇳 Indian Markets: Consolidation Ahead** After a massive rally on Tuesday—where the **Sensex** surged over **2,000 points** following the historic **US-India trade deal**—domestic indices are set for a muted or negative start. * **Outlook:** **GIFT Nifty** futures indicate a gap-down opening (approx. **40 points lower**) tracking global weakness. * **Key Levels:** * **Nifty 50:** Closed at **25,728** (+2.55% yesterday). * **Sensex:** Closed at **83,739** (+2.54% yesterday). * **Sector Watch:** * **IT Services:** Likely to face headwinds due to the US tech rout. * **Defense & Aviation:** **Adani Enterprises** is in focus after announcing a helicopter manufacturing partnership with Italy’s **Leonardo**. > **
Kotak Bank Share Price: Monthly Performance Update
Market Brief: February 4, 2026 📉 Global Indices & Equity Performance Global markets face a wave of volatility as investors digest mixed economic signals and rotate out of high-flying tech stocks. * **United States:** Wall Street closed lower Tuesday (Feb 3). The **Nasdaq Composite** led the decline, dropping **1.43%** to **23,255**, pressured by heavy selling in the technology sector. The **S&P 500** fell **0.84%** to **6,917**, while the **Dow Jones Industrial Average** shed **0.34%** to **49,240**. Volatility spiked, with the **VIX** jumping over **10%** to **18.00**. * **Europe:** Indices struggled for direction. The **FTSE 100** (UK) dipped **0.26%** to **10,314**, and the **DAX** (Germany) slipped marginally to **24,780**. * **Asia:** Markets opened mixed on Wednesday. Japan’s **Nikkei 225** opened down **0.86%** at **54,250**, tracking US tech weakness. Australia’s **ASX 200** bucked the trend, rising **0.47%**. 🛠 Sector Spotlight: AI & Semiconductors The "AI trade" is shifting rather than stalling. While major chipmakers like **Nvidia** saw profit-taking (down **~2.8%**), infrastructure and custom-chip players are surging. * **Teradyne** crushed Q4 earnings expectations with a **44%** revenue jump, proving that demand for AI testing equipment is accelerating. * **Broadcom** and **TSMC** continue to outperform, driven by hyperscalers (Amazon, Meta, Google) building custom silicon, diversifying the market beyond standard GPUs. 🛢 Commodities & Currencies * **Oil:** Prices retreated sharply on signs of potential geopolitical de-escalation in the Middle East. **WTI Crude** fell **~2.5%** to **$61.78**, and **Brent** dropped to **$66.50**. * **Metals:** Precious metals experienced wild swings. **Gold** plunged briefly before settling near **$4,650**, down **~2%**. **Copper** was a bright spot, rebounding **4%** on news of China expanding strategic reserves. * **Crypto:** Digital assets remain under pressure. **Bitcoin** tested lows around **$73,100**, correcting significantly from its January levels, as regulatory uncertainty and macro headwinds weigh on sentiment. 🏦 Macroeconomic Backdrop * **Fed Policy:** The Federal Reserve held the benchmark rate steady at **3.50%–3.75%** in its recent meeting. Inflation remains sticky, complicating the path for future cuts despite political pressure. * **Economic Data:** US manufacturing is showing resilience, with the latest PMI inching up to **50.9**, signaling modest expansion. However, rising industrial input prices are a renewed concern for inflation watchers. 📅 What to Watch * **Earnings:** Continued focus on tech supply chain earnings to gauge AI capital expenditure durability. * **Geopolitics:** Ongoing US-Iran talks and their immediate impact on energy markets. * **Data:** Upcoming labor market reports to confirm if the "no-landing" economic scenario holds.
M&M Shares Post Monthly Decline
**GLOBAL MARKET BRIEF: FEB 04, 2026** **Geopolitical Tensions Trigger Risk-Off Wave | India Decouples with Trade Deal Rally** **📉 Global Equities: Tech Under Pressure** US markets closed lower Tuesday as investors rotated out of high-growth tech stocks amidst rising US-Iran tensions. * **S&P 500:** 6,917.81 (-0.84%) * **Nasdaq:** 23,255.19 (-1.43%) * **Dow Jones:** 49,240.99 (-0.34%) Big Tech led the decline, with **Nvidia (-2.84%)** and **Microsoft (-2.88%)** dragging indices. European markets were mixed, while Asian indices are seeing divergence today—Nikkei is down significantly, while Hang Seng remains flat. **🚀 India: Historic Rally on Trade Optimism** Indian markets bucked the global trend, surging on news of a US-India trade deal lowering tariffs to 18%. * **Sensex:** ~83,739 (+2.54%) * **Nifty 50:** ~25,727 (+2.55%) * **INR Strength:** Rupee posted its best single-day gain in years, trading near **90.26 per USD**. **💥 Crypto: Flash Crash** Digital assets suffered a "bloodbath" triggered by geopolitical fears and mass liquidations ($2.5B wiped out). * **Bitcoin (BTC):** Plunged to lows of **$73,000**, now down ~40% from October peaks. * **Ethereum (ETH):** Broke support, trading near **$2,220**. * **Sentiment:** Extreme Fear; investors fleeing to cold storage and traditional safe havens. **🛢 Commodities: Safe Haven Bid** Gold and oil are catching sharp bids as capital flees risk assets. * **Gold:** Reclaimed the **$5,050/oz** level (+2.18%). * **Crude Oil (WTI):** Trading up at **$63.64/bbl** (+0.68%) on supply concerns. **📅 Key Watchlist** * **Geopolitics:** Monitoring US Navy/Iranian drone incidents in the Arabian Sea. * **Central Banks:** Fed rhetoric shifting as inflation concerns resurface alongside growth divergence. * **Earnings:** Tech earnings digestion continues to weigh on US futures.
Cipla Share Price Live Updates: Stock Performance Overview
**Global Market Brief | February 4, 2026** **US Markets Slide as Tech Falters** Wall Street faced significant headwinds on Tuesday, with major indices pulling back as investors rotated out of the technology sector. The **S&P 500** declined by **0.84%** to settle at **6,917.81**, while the tech-heavy **Nasdaq Composite** took a harder hit, dropping **1.43%** to **23,255.19**. The **Dow Jones Industrial Average** also retreated, shedding approximately **166 points** (**-0.34%**) to close at **49,240.99**. Market volatility is visibly rising, with the **VIX** spiking over **10%** to reach **18.00**, signaling growing investor unease amidst a flood of corporate earnings and macroeconomic uncertainty. **Tech Sector Under Pressure** The "Magnificent" tech giants dragged market sentiment lower. **Nvidia** slipped nearly **3%**, and **Microsoft** fell **1.6%**, reflecting broader concerns over valuation and capital expenditure in the AI space. Conversely, **Palantir** surged over **6%**, bucking the trend, while **Disney** faced a sharp selloff of roughly **7.4%**. **ASX 200 Defies Rate Hike** In the Asia-Pacific region, the Australian market showed resilience. The **S&P/ASX 200** gained **0.89%** to close at **8,857.1** (with intraday trading pushing above **8,930** on Wednesday). This positive performance came despite the **Reserve Bank of Australia (RBA)** delivering its first interest rate hike in two years. The central bank raised the cash rate by **25 basis points** to **3.85%**, citing reaccelerating inflation. Investors largely shrugged off the tightening, buoyed by strength in the mining and banking sectors. **Commodities: Precious Metals Rebound** After a period of extreme volatility, precious metals staged a convincing recovery. **Gold** prices climbed back above the **$5,000** mark, trading near **$5,047 per ounce**, a gain of roughly **2%**. **Silver** also saw strong buying interest, rebounding to approximately **$87.46**. Energy markets remain soft but stable. **Brent Crude** hovered around **$67.90** per barrel, while **WTI** traded near **$63.79**. Oil prices have been capped by easing geopolitical fears and demand concerns, though they have stabilized following earlier steep declines. **Key Macro Drivers** **Federal Reserve Leadership:** Markets are digesting President Trump's nomination of **Kevin Warsh** as the next Federal Reserve Chair. Viewed as a "hawk," his nomination has prompted a recalibration of rate cut expectations. **Data Delays:** A partial US government shutdown is complicating the economic picture, causing delays in critical labor data releases, including the highly anticipated non-farm payrolls report. **Geopolitics:** Tensions between the US and Iran remain a focal point, though recent diplomatic talks have slightly eased immediate fears of supply disruptions, keeping a lid on oil price spikes. **Outlook** Investors should brace for continued choppiness as the market processes the dual headwinds of a hawkish Fed pivot and mixed corporate earnings. With volatility indices rising and critical economic data delayed, near-term visibility remains low.
Wipro Share Price and Recent Returns Overview
**GLOBAL MARKET BRIEF: Wednesday, February 4, 2026** **Equities: Volatility Follows Historic Rallies** Global markets are trading with heightened volatility today as investors digest a mix of geopolitical shifts and sector rotations. Following a massive Monday rally where the Dow Jones surged **515 points**, US indices pulled back in the latest session. The tech-heavy Nasdaq dropped **1.43%** and the S&P 500 lost **0.84%** overnight, driven by a sharp rotation out of technology stocks and concerns over stalled AI investments. In Asia, markets are mixed. India’s Sensex and Nifty are pausing for breath after yesterday’s historic **2.5%** surge, triggered by the newly finalized India-US trade deal. This agreement, which slashes US tariffs on Indian goods to **18%**, remains a key sentiment driver, though profit-booking is capping immediate gains. Meanwhile, broader Asian indices are flat to negative, with Japan’s Nikkei losing **0.61%** amid a lack of fresh regional catalysts. **Commodities: Gold Breaks Records** Precious metals are the standout performers. Gold prices have surged past the psychological **$5,000 per ounce** mark, gaining over **1%** intraday and **6%** earlier in the week. Safe-haven demand is spiking due to renewed geopolitical tensions in the Middle East and uncertainty surrounding the partial US government shutdown. Silver is tracking gold’s ascent, trading firmly above **$85 per ounce**, while oil prices remain steady. Brent Crude is hovering near **$67 per barrel**, supported by supply concerns but capped by doubts over global demand growth. **Crypto: Bearish Momentum Persists** The cryptocurrency sector is under significant pressure. Bitcoin has slipped **2.4%** to trade around **$76,600**, struggling to find support as momentum shifts downward. Ethereum has seen steeper declines, dropping **4%** to approximately **$2,258**. Market sentiment is being weighed down by a lack of new liquidity inflows and broader risk-aversion in speculative assets. **Key Economic Drivers** * **US Fed Chair Nomination:** President Trump’s nomination of Kevin Warsh as the next Federal Reserve Chair has introduced uncertainty. Markets view Warsh as potentially more hawkish, tempering expectations for aggressive rate cuts later this year. * **Data Delays:** Investors are flying partially blind as the release of the crucial US January jobs report has been delayed due to the ongoing government shutdown. * **Trade Relations:** The India-US trade pact is providing a structural floor for emerging market sentiment, counteracting some of the gloom from the US tech sell-off. **Market Outlook** Traders should expect choppy conditions to persist throughout the midweek session. The focus remains on whether the "real economy" sectors can sustain the rallies seen earlier this week or if the tech weakness will drag broader indices lower. Watch for support levels in the S&P 500 and continued volatility in gold as geopolitical headlines evolve.
ONGC Stock: Analysis of Monthly Performance and Market Trends
**Global Market Snapshot: February 4, 2026** **US Markets Stumble on Tech Weakness** Wall Street faced a sharp pullback yesterday, driven by a sell-off in major technology stocks and renewed concerns over AI capital expenditures. The **Nasdaq Composite** led the decline, dropping **1.4%** to close at **23,255**, while the **S&P 500** fell **0.8%** to **6,918**. The **Dow Jones Industrial Average** showed more resilience but still slipped **0.3%**, settling at **49,241**. **Sector Watch & Earnings Volatility** investors are rotating out of high-growth tech names amid mixed earnings reports. **Microsoft** shares faced pressure despite beating revenue estimates, as tempered guidance for its Azure cloud unit and massive AI spending spooked traders. Conversely, **Palantir** surged on robust AI-driven revenue growth, highlighting the market's selective appetite for clear AI monetization. Disappointments weighed heavily elsewhere: **PayPal** plummeted nearly **20%** following weak guidance, and **Gartner** slid on earnings misses. **Apple** remains a bright spot, having recently reported record Q1 revenue of **$143.8 billion**, driven by unprecedented iPhone demand. **Geopolitics & Commodities** Oil prices spiked sharply, with **Brent Crude** rising **2.6%** to approximately **$68 per barrel**. Tensions in the Middle East escalated after reports that the US Navy intercepted an Iranian drone, renewing fears of supply disruptions. In bond markets, the **10-year Treasury yield** climbed to **4.28%**, adding further pressure to equity valuations as borrowing costs tick upward. **Global Sentiment: The India Rally** While US markets cooled, Indian equities are digesting a historic surge. The **Sensex** rallied over **2,000 points** yesterday, driven by optimism surrounding a new **India-US trade agreement**. Traders are now bracing for potential volatility and profit-taking in today's session following the massive run-up. **What to Watch Today** * **Alphabet (Google)** is set to report earnings today, a critical test for the digital ad market and AI search competition. * **Amazon** earnings are scheduled for tomorrow, February 5. * **Geopolitical updates** regarding the Middle East and US-Iran relations remain a key risk factor for energy markets.
Infosys, Wipro US ADRs Slide up to 6%
**Market Brief: IT Sector Volatility & AI Disruption Fears** **Overnight ADR Sell-Off** Indian IT majors **Wipro** and **Infosys** are facing renewed selling pressure today following a sharp decline in their American Depository Receipts (ADRs) on Wall Street overnight. * **Infosys ADRs** slumped **5.6%** to close at **$17.32**. * **Wipro ADRs** fell **4.8%** to end at **$2.56**. **The AI Trigger** The sudden bearish sentiment stems from **Anthropic’s launch** of a new AI agent designed specifically for legal and compliance workflows. Unlike previous tools that merely assisted humans, this new "agentic" AI automates complex tasks like contract review, due diligence, and regulatory triage. **Sector-Wide Contagion** Investors are reacting to fears that advanced AI is shifting from a productivity enhancer to a direct competitor for core BPO and IT service revenues. The sell-off was not limited to Indian firms; US-listed data and professional service giants also plunged: * **Thomson Reuters** and **Gartner** saw intraday drops of up to **25%**. * The wider **S&P North American Software Index** is facing its worst monthly decline since 2008, with analysts describing the sentiment as a "SaaSpocalypse." **Outlook & Sentiment** While the Nifty IT index showed resilience in the previous session (closing **+1.4%** on Tuesday), the overnight rout in the US signals potential volatility for Indian trading today. The narrative has quickly pivoted from "AI adoption growth" to "AI displacement risk," putting immediate focus on how IT consultancies defend their pricing power and margins in the near term. *** **I can set up a watchlist to track the live spread between these ADR prices and their NSE counterparts for you.**