Bearish News
Collection
Motilal Oswal Recommends Tata Motors PV as Short-Term Pick Citing RSI Strength and Volume Surge
**Global Market Snapshot: Fed Fears & Tech Rout** **US Markets Under Pressure** US equity indices stumbled today as the Dow Jones Industrial Average slipped to **48,892** (-0.36%) and the tech-heavy Nasdaq retreated nearly **1%** to **23,461**. Market sentiment has turned fragile following the nomination of Kevin Warsh as Federal Reserve Chair, triggering anxiety over potentially tighter monetary policy and "higher for longer" interest rates. **Tech Sector & Crypto Sell-Off** The technology sector led the decline, with heavyweights like Nvidia (**-2.8%**) and Microsoft (**-2.9%**) weighing down the broader market. This "risk-off" tone spilled heavily into digital assets. Bitcoin plunged to **$77,324**, its lowest level since April, driven by over **$1.5 billion** in ETF outflows last week and a wave of leveraged liquidations. **Commodities Face Correction** Safe-haven assets were not spared. Gold prices underwent a sharp correction, dropping **1.5%** to trade around **$4,793** per ounce as the dollar strengthened. Energy markets also softened, with WTI Crude Oil falling to **$63.88** per barrel. The drop in oil follows reports of renewed US-Iran diplomatic talks and a strategic agreement where India committed to reducing Russian oil imports. [Image of WTI crude oil price chart] **Trade & Economic Shifts** Geopolitical plates are shifting with the announcement of a new US-India trade pact, seeing US tariffs on Indian goods cut to **18%**. Despite this positive global development, domestic concerns over a potential partial US government shutdown continue to inject volatility into the trading session. No relevant YouTube video found in the search results.
Data Service Stocks Drop Up to 10% as Anthropic Enters Legal Market
Market volatility surged on Tuesday, February 3, 2026, as the legal tech and data services sectors faced a localized "flash crash." The sharp downturn was triggered by Anthropic’s release of a specialized AI automation tool designed for corporate legal departments. Investors reacted with significant selling pressure, fearing the new tool could disrupt the high-margin business models of established information giants. The sentiment shifted toward "sell first, ask questions later," as traders weighed the threat of AI automation against proprietary legal databases. **Major Stock Movements** The impact on European and North American markets was immediate and severe. RELX Plc, the parent company of LexisNexis, saw its US-listed shares plunge 14.6%. Wolters Kluwer NV experienced a similar decline, with its stock dropping over 11% in European trading and a comparable slide in its ADRs. Thomson Reuters Corp. was among the hardest hit, with its share price tumbling 19% on the Toronto Stock Exchange and over 14.2% on the Nasdaq. The contagion spread to broader data service and software providers. Pearson dropped 6.2%, while Sage Group fell 5.5%. Credit reporting agency Experian and the London Stock Exchange Group both saw declines exceeding 8%, marking the latter's largest single-day drop in nearly five years. **The Disruptive Catalyst** The source of the market anxiety is Anthropic’s new legal plugin for its "Claude Cowork" suite. Unlike general-purpose chatbots, this tool is specifically engineered to automate high-volume legal workflows. Its capabilities include: - Automated contract review and risk flagging - Triage of non-disclosure agreements (NDAs) - Drafting of legal briefs and briefings - Generation of templated responses and compliance workflows While Anthropic clarified that the tool does not provide formal legal advice and requires review by licensed attorneys, the market interpreted the launch as a direct move into the "application layer." This moves AI beyond simple search and into the execution of billable professional tasks. **Sector Outlook and Sentiment** Analysts noted that the sell-off reflects a growing concern over "valuation compression" in the software industry. If general AI models can replicate the workflows of legacy platforms at a fraction of the cost, premium data subscriptions may become harder to justify. Despite the panic, some market observers point to the defensive qualities of the industry leaders. Established firms like RELX and Thomson Reuters hold vast, proprietary datasets and offer legal indemnification—protections that pure-play AI models currently lack. However, for today, the prevailing narrative remains one of intense competition. The iShares Expanded Tech-Software Sector ETF dropped 4.4% in tandem with the news, as the sector enters a period of heightened scrutiny regarding its long-term viability in an AI-first economy.
Chidambaram Cites Stagnant 14% Manufacturing Share in Critique of Budget 2026
**Market Brief: Union Budget 2026-27 Analysis & Opposition Critique** **Executive Summary** The Union Budget 2026-27, presented on February 1, 2026, has triggered a sharp divide between government projections and opposition analysis. While Finance Minister Nirmala Sitharaman positioned the budget as a blueprint for sustained growth with a **₹53.5 lakh crore** expenditure plan, former Finance Minister P. Chidambaram has labeled it a "failed test of economic strategy." **Fiscal Consolidation: Ambition vs. Reality** The government has pegged the fiscal deficit target at **4.3%** of GDP for FY27, a marginal improvement from the revised **4.4%** in FY26. However, critics argue this pace violates the Fiscal Responsibility and Budget Management (FRBM) targets. Chidambaram highlighted a discrepancy in the headline numbers, noting that despite the nominal increase in capital expenditure to **₹12.2 lakh crore**, the Centre’s effective capex as a percentage of GDP has actually declined from **3.2%** to **3.1%**. He further pointed out a shortfall of over **₹1 lakh crore** in total expenditure for the outgoing fiscal year (2025-26), questioning the credibility of the new targets. **Manufacturing Sector: Growth Narrative Under Fire** Official data estimates a nominal GDP growth of **10%** for FY27, bolstered by recent Index of Industrial Production (IIP) figures showing manufacturing growth at approximately **5.4%** to **8%** in recent months. Contrasting this, Chidambaram argues the sector remains stagnant structurally, citing the Economic Survey 2025-26. He emphasized that the budget fails to address "stress on manufacturers" caused by penal tariffs from the United States and low Gross Fixed Capital Formation, which hovers around **30%**. The disconnect between official industrial optimism and the reported closure of MSMEs remains a key point of friction. **Trade Deficit & China Exposure** A critical vulnerability highlighted in the post-budget analysis is India's widening trade deficit, particularly with China. Despite "Make in India" initiatives, dependency on Chinese imports for critical components remains high. The opposition flagged this as a strategic failure, noting the budget offered no concrete roadmap to reduce this reliance or address the ballooning deficit. This concern is amplified by global trade conflicts that threaten to weigh heavily on domestic investment and export competitiveness. **The Employment Crisis** While official unemployment rates have reportedly eased to near **5%**, the opposition has termed the job market situation "precarious," particularly for youth. Chidambaram criticized the budget for ignoring the distress in the MSME sector, which is a primary engine for job creation. The cut in allocation for flagship social schemes like the *Jal Jeevan Mission*—reportedly slashed in revised estimates—was cited as evidence of the government disconnecting from ground-level economic realities. **Market Reaction & Investor Sentiment** Market response to the budget has been mixed. Volatility in gold prices and a muted reaction in equity markets suggest investors are cautious. The hike in Securities Transaction Tax (STT) on Futures & Options (F&O) has been introduced to curb speculative trading, but it has also dampened sentiment among retail traders. **Key Takeaways for Investors** * **Fiscal Math:** Watch for slippages; the **4.3%** deficit target relies heavily on optimistic revenue receipts. * **Capex Realities:** The **3.1%** Capex-to-GDP ratio suggests government spending may not be the aggressive growth driver previously anticipated. * **Sector Watch:** Manufacturing incentives are present, but structural headwinds (tariffs, logistics) persist. * **Risk Factors:** The ignored trade imbalance with China and potential global trade wars remain significant external risks.
Zerodha Users Report Technical Issues; Company Issues Response
**Market Brief: Zerodha Outage Mars Historic Rally** **Date:** February 3, 2026 **Executive Summary** Indian equity markets witnessed a historic surge today following the announcement of a landmark India-US trade deal. However, the rally was marred for thousands of retail traders as Zerodha’s Kite platform suffered critical technical disruptions during peak volatility, preventing users from capitalizing on the gains. **Market Context: The Trade Deal Rally** Indices opened with a massive gap-up after the US administration confirmed a reduction in tariffs on Indian goods from **50%** to **18%**. * **Sensex:** Surged over **4,200 points** intraday to hit a high of **85,871**, before settling around **83,739** (+2.5%). * **Nifty 50:** Climbed **1,252 points** to an intraday record of **26,341**, closing near **25,727**. * **Key Sectors:** Textiles, Pharma, and IT stocks led the breakout, driven by the improved export outlook. **Operational Disruption** Coinciding with the market opening, Zerodha’s Kite platform faced widespread outages. Downdetector recorded a spike of over **350** complaints within the first hour of trading. * **Technical Faults:** Users reported "504 Gateway Timeouts," forced logouts, and inability to view funds after selling holdings. * **Data Integrity:** Charts reset automatically, and portfolio values displayed incorrectly or showed zero balance. * **Execution Failure:** Traders were unable to enter or exit positions during the critical opening minutes, leaving them exposed to heightened volatility. **Company Response & Status** Zerodha acknowledged the disruptions on social media, attributing them to intermittent technical issues under high load. While the brokerage stated its teams were investigating and working to stabilize the service, no specific timeline for a full resolution or compensation policy was immediately provided. By late afternoon, reports indicated the platform had begun to stabilize, though user sentiment remained critical regarding the timing of the failure.
Bitcoin Stabilizes Near $78,900 Following Liquidity-Driven Weekend Sell-Off
**Market Brief: Recovery Signals Amidst Extreme Fear** **Overview** The cryptocurrency market is staging a tentative recovery following a sharp weekend sell-off. Global market capitalization has stabilized around **$2.6 trillion**, rebounding slightly as buyers step in to defend lower support levels. Despite the bounce, broader sentiment remains fragile, heavily weighed down by macroeconomic uncertainty and institutional outflows. **Bitcoin (BTC) Performance** Bitcoin has regained footing above **$78,500**, recovering from a dip that saw it briefly test lower liquidity zones. Traders are closely monitoring the **$80,000** resistance level. Current price action suggests a "wait-and-see" approach, with volatility dampening as the market digests recent Federal Reserve signals and continued ETF outflow data. **Ethereum & Altcoins** Ethereum (ETH) is trading near **$2,400**, attempting to consolidate after double-digit percentage losses over the weekend. Select altcoins are outperforming the broader market index: * **Gainers:** Projects like **Zilliqa (ZIL)** and **Stacks (STX)** have posted double-digit recovery gains. * **Trend:** **Hyperliquid (HYPE)** and other decentralized exchange tokens are seeing increased volume, decoupling slightly from the majors. **Market Sentiment & Drivers** * **Fear & Greed Index:** Stalled at **17 (Extreme Fear)**, indicating that despite the price stabilizing, investor confidence is critically low. * **Liquidity:** Trading volumes have thinned following the weekend rout, typical of a consolidation phase. * **Macro Influence:** "Fed worries" regarding interest rate paths continue to suppress risk-on appetite. * **Institutional Flows:** Analysts note that while retail sentiment is bearish, institutional activity remains mixed, effectively masking deeper "crypto winter" conditions. **Key Watchlist** * **$80,000 BTC:** The critical psychological barrier for confirmed bullish reversal. * **ETF Flows:** Net outflows in spot ETFs remain a primary drag on momentum. * **Fed Commentary:** Upcoming statements from US central bank officials are expected to dictate near-term volatility.
Gold and Silver Market Outlook and Strategy Following $7 Trillion Selloff
**Market Brief: Historic Precious Metals Crash & Outlook** **Global Market Rout** Gold and silver markets have suffered a historic collapse, erasing an estimated **$3 trillion to $7 trillion** in value within days. Following a parabolic rally to record highs, aggressive selling pressure has triggered a massive leverage reset, wiping out speculative positions across the board. **Current Price Action (As of Feb 3, 2026)** * **Gold** has retreated significantly from its peak of over **$5,300/oz**. Current spot prices are hovering near **$4,960/oz** (Global) and roughly **₹1.47 Lakh per 10g** (India MCX), marking a sharp correction of nearly **6-10%** in just a few sessions. * **Silver** faced a more brutal sell-off, plunging **25% to 40%** from its recent highs. Prices have slipped to approximately **$88/oz** (Global) and **₹2.67 Lakh per kg** (India MCX), with volatility reaching levels not seen in decades. **Why The Crash Happened** The sudden reversal was triggered by a "perfect storm" of liquidity draining events: 1. **Margin Hikes:** The CME Group raised margin requirements **5 times in 9 days**, forcing highly leveraged traders to liquidate positions immediately. 2. **Fed Policy Shift:** The nomination of Kevin Warsh (a known hawk) as Federal Reserve Chair sparked a dollar rally, dampening demand for non-yielding assets. 3. **Profit Taking:** After months of vertical gains, institutional investors capitalized on record prices, accelerating the downside momentum. **Expert Outlook** Despite the carnage, analysts from **UBS** and **deVere Group** maintain that the structural bull market for gold is intact. They view this as a necessary "leverage flush" rather than a trend change. * **Gold:** Remains a buy-on-dip candidate as central bank demand and fiat currency concerns persist. * **Silver:** Requires extreme caution. With industrial demand cooling and technical damage severe, analysts warn it is **"too early"** to re-enter, suggesting the metal needs a longer consolidation period before becoming attractive again.
Britannia Industries Share Price: Live Market Updates
**GLOBAL MARKET BRIEF: FEBRUARY 03, 2026** **🚨 Macro Sentiment: Fed Shift & Shutdown Jitters** Global markets are navigating a complex landscape dominated by political shifts and monetary policy uncertainty. The nomination of **Kevin Warsh** as the next Federal Reserve Chair has triggered a Dollar rally, as investors price in a potentially more hawkish stance compared to the Powell era. Simultaneously, a partial **US government shutdown** is disrupting the release of key economic indicators, including critical jobs data, leaving the market temporarily flying blind. **📉 Equities: AI Doubts Weigh on Tech** US indices are facing headwinds as scrutiny over Artificial Intelligence capital expenditure intensifies. * **S&P 500 & Nasdaq:** Futures are sliding, driven by renewed skepticism regarding the immediate ROI of massive AI infrastructure spending. * **Global Performance:** European stocks (DAX, FTSE) are attempting to stabilize, while Asian markets show mixed results. Japan's Nikkei remains volatile amid shifting currency dynamics. **₿ Crypto: Bearish Breakout** Digital assets are under significant pressure, erasing recent gains as capital inflows stall. * **Bitcoin (BTC):** Has broken major support, trading below the psychological **$80,000** level (currently ~$78,726). * **Ethereum (ETH):** Struggling near **$2,166**, weighing heavily on the broader altcoin market. * **Solana (SOL):** Dropped below $100 for the first time in nearly 300 days. * **Trend:** Institutional selling and a "risk-off" environment are driving the current correction, with analysts eyeing the $70k–$74k zone for potential support. **🛢 Commodities: Volatility Spikes** The commodities sector is reacting violently to geopolitical updates and the stronger Dollar. * **Gold:** After a steep sell-off, prices have rebounded sharply, climbing **3%** to trade around **$4,921/oz**. Volatility is higher than Bitcoin in recent sessions. * **Silver:** Up over 10% on the day to **$87.54**, recovering from a near-month low. * **Oil:** Crude prices have plunged **5%** (Brent ~$65.62, WTI ~$61.56). The drop follows reports of de-escalating tensions between the US and Iran, alongside a new trade deal announcement between the US and India involving Russian oil restrictions. **📅 Key Watchlist** * **Central Banks:** Reserve Bank of Australia (RBA) interest rate decision is the immediate focus for APAC traders. * **US Fiscal:** Updates on the government funding impasse will drive short-term sentiment. * **Earnings:** Continued focus on Mega-cap Tech earnings to gauge the durability of the AI trade. **Summary:** Investors should brace for elevated volatility across all asset classes as the market digests the "Warsh Fed" regime change and ongoing fiscal dysfunction in Washington. Cash preservation and hedging strategies are currently favored over aggressive risk-taking.
ICICI Bank Share Price: Live Performance Updates
**MARKET BRIEF: 03 FEBRUARY 2026** **Global Equities Surge on Trade Optimism** Global markets are rallying today, driven by a historic trade agreement between the US and India. The deal, announced late Monday, slashes reciprocal tariffs on Indian goods from **25%** to **18%**, triggering a massive risk-on sentiment across Asia. **India** is leading the charge, with the **Sensex** skyrocketing over **4,200 points (+5.14%)** to trade near **85,870**, and the **Nifty 50** surging past **26,300**. **US markets** closed higher yesterday, shaking off government shutdown concerns. The **Dow Jones** climbed **1.05%** to **49,407**, while the **S&P 500** added **0.54%** to reach **6,976**. **Asian indices** followed suit, with South Korea’s **Kospi** rebounding **5%** and gains observed in Japan’s **Nikkei** and Hong Kong’s **Hang Seng**. **Commodities: Precious Metals Crash** Gold and silver prices have collapsed as risk appetite returns and the US dollar firms. * **Gold** plunged significantly, trading globally around **$4,781 per ounce** (down ~1.7%). In domestic Indian markets (MCX), prices crashed by nearly **₹10,000**, hitting lower circuits and trading near **₹1.52 lakh per 10g**. * **Silver** faced a steeper sell-off, plummeting **6–12%** in various markets to trade below **$116 per ounce**. **Oil** remains volatile but relatively stable, with **Brent Crude** hovering between **$66** and **$70 per barrel**, influenced by OPEC+ production decisions and the ongoing US fiscal standoff. **Crypto: Bitcoin Enters Bear Market** The cryptocurrency sector is under heavy pressure. **Bitcoin (BTC)** has dropped approximately **12%** recently, trading around **$71,060**. The asset is struggling to reclaim the **$80,000** level, with analysts citing significant institutional outflows and a "bear market" technical entry after falling **40%** from record highs. **Corporate Highlights** **Disney** reported strong Q1 FY26 results, bolstered by box office blockbusters. *Zootopia 2* and *Avatar: Fire and Ash* both surpassed **$1 billion** globally, driving streaming and park revenue. **Tyson Foods** saw a **5.1%** sales increase but reported a sharp **48%** drop in operating income, highlighting margin pressures despite volume growth. **Super Micro Computer** is set to report earnings today, with markets watching closely for updates on AI infrastructure demand. **Economic & Geopolitical Watch** **US Government Shutdown:** The US federal government has entered a second shutdown period due to budget disagreements. However, markets are largely looking past this, focusing instead on trade diplomacy. **India Union Budget:** The market's euphoric reaction today also factors in the growth-oriented policies from the Union Budget presented on February 1, which, combined with the US trade deal, has ignited "animal spirits" in the economy.
Infosys Share Price and Market Update
**Global Market Brief: February 3, 2026** **Equities: Tech Weighs on Wall Street** US markets opened on a subdued note this Tuesday, with major indices struggling for direction. The **S\&P 500** slipped **0.2%** to approximately **6,939**, while the **Dow Jones Industrial Average** shed **173 points** to trade near **48,892**. The tech-heavy **Nasdaq Composite** also declined **0.2%** to **23,462**, dragged down by large-cap weakness. Investors are digesting mixed corporate earnings and lingering concerns over a potential AI market bubble. While **Meta Platforms** rallied nearly **10%** on strong results, **Microsoft** faced selling pressure. The market is also assessing the nomination of **Kevin Warsh** as the next Federal Reserve Chair, whose perceived hawkish stance has sparked debates about future monetary policy independence. **Commodities: Gold Shines, Oil Tumbles** Safe-haven assets are outperforming riskier trades. **Gold** prices staged a robust recovery, rising over **1.3%** to reclaim the **$4,800 per ounce** level, driven by dollar volatility and geopolitical uncertainty. **Silver** saw even sharper gains, jumping nearly **6%** to **$83.19**. Conversely, energy markets faced a steep sell-off. **WTI Crude** plummeted approximately **5%** to **$62 per barrel**—its lowest level in six months. The drop follows reports of renewed diplomatic talks between the US and Iran, which have significantly reduced the risk premium associated with Middle East supply disruptions. [Image of crude oil price trend chart] **Crypto: Bitcoin Under Pressure** Digital assets remain in a corrective phase amidst the broader risk-off sentiment. **Bitcoin** dipped below **$78,000**, trading down roughly **2–5%** as ETF outflows and leveraged liquidations weigh on prices. The broader crypto market followed suit, with **Ether** and **Solana** posting notable declines as capital rotated back into traditional defensives like precious metals. **Geopolitics & Economy** Geopolitical tensions are easing in key regions, contributing to the slump in oil prices. The Trump administration announced a reduction in tariffs on Indian goods to **18%**, signaling improved trade relations. Meanwhile, the resumption of US-Iran negotiations has calmed immediate fears of a wider regional conflict. Market participants are now awaiting further clarity on the US labor market, although upcoming data releases face potential delays due to the partial government shutdown. [Market Summary: Gold Price Forecast](https://www.google.com/search?q=https://www.youtube.com/watch%3Fv%3DFjIu00uIn8Y) This video provides a technical analysis of the current gold market rally and price targets, relevant to today's sharp recovery in precious metals.
JSW Steel Share Price and Trading Dynamics
**Global Market Snapshot: February 3, 2026** **Headline: Equities Rally on US-India Trade Deal & Tech Rebound** Global markets are surging today, driven by a breakthrough trade agreement between the US and India, alongside a sharp recovery in Asian technology stocks. Sentiment has shifted to "risk-on" despite lingering weakness in commodities and cryptocurrencies. **US Markets (Feb 2 Close)** Wall Street steadied Monday, snapping a three-day losing streak as investors bought the dip in tech and industrial sectors. * **S&P 500:** Rose **0.54%** to **6,976.44**. * **Nasdaq Composite:** Added **0.56%** to **23,592.11**. * **Dow Jones:** Climbed **1.05%** to **49,407.66**. **Micron Technology** surged **5.5%** on bullish AI demand forecasts, offsetting a **2.8%** dip in **Nvidia**, which faced concerns over stalled OpenAI investments. **Walt Disney** lagged, falling **7.2%** on soft growth projections. **Asian Markets (Feb 3 Trend)** Asian indices posted massive gains Tuesday, catalyzed by the announcement that the US will cut reciprocal tariffs on Indian goods from **25%** to **18%**. * **India:** The **BSE Sensex** skyrocketed over **2,300 points** (+2.8%), and the **Nifty 50** reclaimed the **25,800** level. * **South Korea:** The **KOSPI** jumped **5%**, erasing Monday's losses, led by a **7.5%** rally in **SK Hynix**. * **Japan:** The **Nikkei 225** advanced **3.2%** to **54,346.33**, buoyed by a weaker yen and tech buying. **Commodities & Rates** Precious metals and energy remain under pressure as capital rotates back into equities. * **Gold:** Consolidating near **$4,652/oz** after briefly dipping below **$4,500** earlier in the week. Volatility remains high following the recent parabolic run-up. * **Crude Oil:** Brent Crude trades soft at **$66.13**, down significantly from January highs, aiding global disinflation narratives. * **US Treasuries:** The **10-year yield** edged up to **4.28%**, reacting to stronger-than-expected US manufacturing data. **Cryptocurrency** Digital assets continue to struggle with outflows totaling **$1.7 billion** this week. * **Bitcoin (BTC):** Trading around **$78,700**, down **~10%** for the month. * **Ethereum (ETH):** Followed the broader slide, with institutional ETFs flipping to net negative flows for 2026. **Market Drivers** 1. **US-India Pact:** The reduction of tariffs has sparked a massive relief rally in emerging markets, boosting global trade sentiment. 2. **Tech Resilience:** Buyers are stepping back into AI hardware stocks (Micron, SK Hynix) despite valuation concerns. 3. **Monetary Policy:** Strong US factory data may delay Federal Reserve rate cuts, keeping bond yields elevated.
Nestle India Share Price and Trading Volume Analysis
**Global Market Brief | February 3, 2026** **Market Sentiment: Cautious Recovery** US equity markets are stabilizing following a session of extreme volatility driven by commodity swings and shifts in monetary policy expectations. Investors are digesting the nomination of **Kevin Warsh** as Federal Reserve Chairman, viewing the pick as a hawkish signal for inflation control. **Key Indices (Intraday/Close)** * **S&P 500:** **6,976.44** (+0.54%) — Snapped a three-day losing streak, trading just shy of record highs. * **Dow Jones:** **49,407.66** (+1.05%) — Led gains as rotational buying favored industrial and cyclical stocks. * **Nasdaq Composite:** **23,592.11** (+0.60%) — Tech remains mixed as investors scrutinize AI capital expenditure returns. **Commodities & Currencies** * **Gold:** **~$4,652/oz** — The metal is attempting to find a floor after a historic flash crash saw it drop over **$1,000** from recent highs. * **Silver:** **~$82.50/oz** — Recovering from a sharp 9% overnight plunge. * **Crude Oil (WTI):** **$61.73/bbl** (-0.66%) — Prices retreated as geopolitical tensions with Iran showed signs of easing following recent diplomatic comments. * **10-Year Treasury Yield:** **4.28%** — Yields edged higher on stronger-than-expected manufacturing data, putting pressure on rate-cut bets. **Sector & Corporate Movers** * **Tech Divergence:** **SanDisk** surged **+15%** on strong AI-driven memory demand, while **Microsoft** faced pressure (-1.6%) over cloud growth concerns. * **Semiconductors:** **Micron** rallied on bullish analyst notes; **Nvidia** slipped (-1%) amid reports of potential deal friction with OpenAI. * **Earnings Watch:** **Disney** gained (+1%) after beating revenue estimates; **Palantir** surged (+2%) ahead of its earnings report. **Macro Outlook** Data remains the primary catalyst this week. Monday’s **ISM Manufacturing PMI** signaled unexpected expansion, reducing immediate recession fears but complicating the Fed's path to easing. Markets are now bracing for Friday’s **Non-Farm Payrolls** report (consensus: +70k jobs) to gauge labor market resilience under the new policy regime. **Watchlist** * **Upcoming Earnings:** Alphabet, Amazon, Eli Lilly. * **Key Data:** JOLTS Job Openings (Tuesday), ADP Employment (Wednesday).
Bajaj Finance Share Price and Volume Analysis
**Global Market Brief: Volatility Spikes on Tariff & AI Jitters** **Overview** Global equities are facing renewed turbulence as **trade war fears** and **AI sector recalibration** dominate sentiment. Markets are reacting sharply to the Trump administration's aggressive tariff announcements and the disruption caused by the DeepSeek AI release, forcing a repricing of risk assets. **Equity Markets** US indices closed significantly lower as investors digested the imposition of **25% tariffs** on Canada and Mexico and **10%** on China. The tech sector led the decline, pressured by concerns over AI profitability and trade retaliations. * **S&P 500**: Closed at **6,040.53** (down **0.5%**). * **Nasdaq**: Slid to **19,627.44** (down **1.2%**), hit hard by semiconductor weakness. * **Dow Jones**: Dropped **337 points** to **44,544.66** (down **0.8%**). * **India (Sensex)**: Fell **319 points** to **77,186**, tracking global weakness. **Key Market Drivers** * **Tariff Tantrum**: The White House's executive orders on tariffs have sparked concerns of a retaliatory trade war, impacting supply chains for autos (GM, Toyota down **~3%**) and transportation (FedEx down **6.6%**). * **AI "Reality Check"**: The debut of Chinese startup **DeepSeek**’s low-cost model has triggered an "AI bubble" scare, pulling down heavyweights like **Nvidia** (down **2.8%**) and **Microsoft** amid fears of margin compression. * **Fed Policy**: The Federal Reserve held rates steady at **4.25%–4.50%**, signalling a cautious approach to inflation which remains sticky at **2.6%** (PCE). **Commodities & Crypto** Safe-haven assets and energy are diverging from equities. * **Oil**: Prices edged higher on supply disruption fears. **Brent Crude** rose **0.77%** to **$76.25**, and **WTI** climbed **1.8%** to **$73.84**. * **Gold**: Retained its safe-haven appeal, trading around **$2,787** per ounce globally, with domestic prices in India seeing a slight uptick. * **Crypto**: Digital assets faced a steep sell-off in a risk-off environment. **Bitcoin** dropped below **$96,000**, shedding **~3.7%**, while **Ethereum** and **Solana** saw double-digit declines. **Corporate Radar** Earnings season enters a critical phase with major tech giants reporting this week. * **Alphabet (Google)** and **Amazon** are set to release results, which will be pivotal for stabilizing tech sentiment. * **Palantir** surged in extended trading after beating revenue expectations, signalling resilience in specific AI software segments. * **Disney** and **ExxonMobil** are also on deck, providing insights into consumer health and energy demand. **Next Step** I can generate a detailed technical analysis of the S&P 500 or a comparative breakdown of the new tariff impacts on specific sectors if you provide the focus area.
SEBI Likely to Extend Ban on Agricultural Futures
**Market Brief: SEBI Agricultural Futures Ban** **Current Status: Ban Active & Extension Likely** The Securities and Exchange Board of India (SEBI) currently enforces a suspension on futures trading for key agricultural commodities, valid until **March 31, 2026**. Latest market reports from **February 2026** indicate the regulator is poised to extend this ban for **another year** (until 2027), continuing its conservative stance on food inflation and market stability. **Affected Commodities** The suspension applies to **7 core agricultural assets** and their derivatives: 1. Wheat 2. Paddy (non-basmati) 3. Moong (Green Gram) 4. Chana (Gram) 5. Mustard Seeds (including derivatives) 6. Soybean (including derivatives) 7. Crude Palm Oil (CPO) **Key Drivers & Rationale** * **Inflation Control:** Government focus remains on curbing food price volatility. Officials cite that while prices have stabilized, removing restrictions now could reignite speculative pressure. * **Speculation Concerns:** The ban, originally imposed in **December 2021**, was designed to strip speculative froth from essential food items. * **Conflicting Views:** A SEBI-appointed panel in late **2025** had reportedly recommended *lifting* the ban to boost liquidity and aid price discovery. However, the regulator appears to be favoring caution over market liberalization for the upcoming fiscal year. **Industry Impact** * **Hedging Void:** The continued suspension leaves farmers, processors, and importers without domestic hedging tools, exposing them to global price swings. * **Volume Shift:** Trade volumes on exchanges like **NCDEX** have seen significant declines as liquidity dries up in the absence of these anchor commodities. * **Stakeholder Pushback:** Industry bodies argue that without futures contracts, the value chain loses critical price signals, ultimately hurting the farmers the policy aims to protect. **Next Steps** Market participants should prepare for the formal notification of the extension before the **March 31, 2026** expiry. Traders are advised to maintain alternative risk management strategies for the listed commodities.
Oil Steady Amid Firm Dollar and Possible U.S.-Iran De-escalation
**Global Market Snapshot: February 3, 2026** **Energy Markets** Oil prices have retreated significantly, breaking a period of stability as geopolitical risk premiums unwind. **Brent Crude** is currently trading around **$65.89** per barrel, while **WTI Crude** has dipped to **$61.73**. The market is reacting to a sharp de-escalation in Middle East tensions, with traders pricing in the reduced likelihood of supply disruptions. **Geopolitical Developments** Sentiments have shifted following the confirmation that **U.S. and Iranian officials** will resume direct diplomatic talks this Friday in Ankara. This breakthrough, mediated by regional partners, has immediately cooled fears of a wider conflict, acting as the primary driver for the bearish turn in energy prices. **Trade Relations** In a major policy shift, the U.S. and India have finalized a new trade agreement. Under the deal, the U.S. has slashed tariffs on Indian goods to **18%** (down from 25%). In exchange, India has agreed to halt purchases of Russian oil, signaling a strategic realignment that is expected to impact global crude flows and strengthen bilateral commercial ties. **Currency Performance** The **U.S. Dollar Index (DXY)** has strengthened to **97.52**, up approximately **0.55%**. The greenback’s rally is supported by robust domestic economic data and shifting expectations regarding Federal Reserve policy, providing a stable backdrop for the unfolding shifts in global trade and energy dynamics. I can monitor the outcome of the Ankara talks this Friday for further impact on oil volatility.
China Gold Market Downturn Highlighted by Steep Retail Losses
**Global Commodities Brief: Precious Metals Rout** **Executive Summary** A massive reversal in the precious metals market has triggered historic losses for retail and institutional investors alike. Following a parabolic rally driven by speculative "hot money" in Asia, the market collapsed in late January and early February 2026. The sell-off was catalyzed by the nomination of **Kevin Warsh** as the next US Federal Reserve Chair, which strengthened the US Dollar and signaled a potentially hawkish monetary policy shift. **The Speculative Bubble Bursts** Chinese retail investors, who had aggressively piled into futures markets, faced immediate devastation. One widely cited case involves a **42-year-old homemaker** in Hangzhou. After opening a futures account to chase the rally, she initially saw a **60% gain** in 48 hours. However, the subsequent market U-turn triggered a forced liquidation of her leveraged positions. In less than one week, she incurred a **750,000 yuan** loss, wiping out **84%** of her peak investment equity. This case reflects a broader trend of margin calls cascading through the retail sector, with many accounts facing total wipeouts. **Market Data & Price Action** The volatility recorded in the last 72 hours has been historic: * **Silver Crash:** Silver futures suffered their largest single-day drop on record, plunging approximately **26%** in one session. Prices collapsed from all-time highs near **$121 per ounce** to trade in the **$70–$80** range. * **Gold Sell-Off:** Gold spot prices fell roughly **9–10%**, the sharpest daily decline since 1983. Prices retreated from a peak above **$5,600** to test support levels near **$4,400**. * **Exchange Responses:** To curb volatility, the **Shanghai Gold Exchange** and **CME Group** significantly hiked margin requirements, forcing further liquidations of leveraged bets. **Key Drivers** The nomination of Kevin Warsh unnerved markets previously positioned for aggressive rate cuts. His reputation as a "hard money" advocate drove the **US Dollar Index** sharply higher, making dollar-denominated commodities expensive for overseas buyers. Combined with profit-taking from trend-following funds, this fundamental shift caused the "hot money" trade to unravel instantly. Market analysts note that while long-term structural demand remains, the short-term speculative fervor has been effectively flushed out.
Gift Nifty Signals Gap-Up Opening Following US Trade Deal and Asian Rally
**Global Market Snapshot: February 3, 2026** **US Equities Rebound, Asia Stumbles** US markets opened February on a high note, snapping recent losing streaks as investors digested positive manufacturing data and earnings. The **Dow Jones** surged **515 points (+1.05%)** to close at **49,407**, while the **S&P 500** added **0.54%** to reach **6,976**, finishing just shy of record highs. The tech-heavy **Nasdaq** rose **0.56%** to **23,592**, buoyed by gains in Alphabet and Amazon ahead of earnings. Contrastingly, Asian markets faced severe turbulence. South Korea's **Kospi** crashed **5.26%**, marking its worst single-day performance since April 2025. In India, the **Nifty 50** and **Sensex** plunged nearly **2%** following the Union Budget 2026 announcement, which hiked taxes on derivatives and share buybacks. **Commodities: Historic Volatility** Precious metals are witnessing extreme volatility following record rallies. **Silver** crashed approximately **30%** on February 1—its worst daily drop since 1980—before stabilizing near **$80.50** per ounce. **Gold** also faced heavy selling pressure, dipping below **$4,500** per ounce briefly before settling near **$4,780** (Global Spot). Oil prices pushed higher, with **WTI Crude** climbing above **$65** per barrel, driven by winter storms disrupting US output and renewed geopolitical risks in the Middle East. **Crypto Markets: Liquidity Crunch** Digital assets remain under pressure. **Bitcoin** slumped to **$74,000**—its lowest level since April 2025—before staging a mild recovery to trade around **$76,000**. **Ethereum** faced sharper declines, sliding over **8%** as major holders ("whales") liquidated **$371 million** in assets to repay DeFi loans, triggering widespread liquidation cascades. **Macro Drivers & Key Events** * **US Manufacturing:** Factory activity expanded for the first time in a year, with the ISM Manufacturing PMI hitting its highest level since August 2022, signaling economic resilience. * **Fed Leadership:** Markets are adjusting to President Trump's nomination of **Kevin Warsh** to succeed Jerome Powell as Federal Reserve Chair, keeping bond yields steady. * **Data Delays:** The highly anticipated January US Jobs Report, originally scheduled for Friday, has been delayed due to a partial government shutdown.
Textile Stocks in Focus Amid India-US Trade Deal Developments
**MARKET BRIEF: US-INDIA TRADE BREAKTHROUGH** **The Catalyst: Tariff Wall Breached** Indian textile stocks have entered a decisive bull phase following the landmark trade agreement signed **February 2, 2026**. The deal slashes US tariffs on Indian textile exports to **18%**, a sharp reduction from the prohibitive **25–50%** reciprocal duties and penalties that had choked volumes throughout 2025. **Immediate Market Impact** Reaction on Dalal Street was swift and volume-led. Key export-focused counters surged in early trade: * **Gokaldas Exports**: Up **5%** * **Raymond**: Surged **8.18%** * **KPR Mill**: Gained **6%** * **Vardhman Textiles**: Up **7.36%** **Strategic Advantage** This tariff reset fundamentally alters the competitive landscape. * **Price Parity**: At **18%**, Indian exporters now face lower duties than competitors in **Vietnam** and **Bangladesh**, who are grappling with **20%** tariffs and severe internal supply chain disruptions. * **Volume Pivot**: The removal of the "Russian oil penalty" overhang (which had pushed effective duties to **50%** for some categories) is expected to restart stalled order flows from major US retail chains immediately. **Sector Outlook** The textile index is breaking out of a 12-month consolidation. With Bangladesh's spinning industry facing indefinite shutdowns as of **February 1, 2026**, global buyers are aggressively consolidating sourcing into India. The dual tailwinds of **tariff normalization** and **competitor instability** project a robust Q4 FY26 for integrated players. *** [Impact of Regional Crisis on Indian Textiles](https://www.youtube.com/watch?v=rwyykhjc_V0) This video provides essential context on how the concurrent supply chain crisis in Bangladesh is accelerating the shift of export orders to Indian manufacturers, amplifying the benefits of the new tariff deal. http://googleusercontent.com/youtube_content/0
Bitcoin Liquidations Reach $2.5 Billion Amid Market Volatility
Market Brief: Liquidation Surge & Risk-Off Sentiment **February 3, 2026** The cryptocurrency market has faced a severe contraction, validating reports of a massive $2.56 billion loss in collective liquidations over recent days. This sharp downturn was primarily triggered by the nomination of Kevin Warsh as the next Federal Reserve Chair, a move interpreted by investors as a signal for tighter monetary policy and a stronger U.S. dollar. Bitcoin (BTC) bore the brunt of this volatility, plunging below the **$75,000** support level earlier this week—its lowest point since April 2025. While prices have staged a mild recovery to trade near **$78,400**, the market remains fragile. Sentiment has deteriorated significantly, with the Fear & Greed Index dropping to **17**, indicating "Extreme Fear" among traders. This sell-off was not isolated to digital assets. Precious metals experienced a simultaneous crash, dismantling the "safe haven" narrative. Silver futures plummeted approximately **16%**, while Gold retreated by roughly **6.5%**, as the strengthening dollar reduced the appeal of non-yielding assets. The technology sector also contributed to the bearish atmosphere. Investor anxiety regarding the evolving AI landscape has intensified, driven by concerns over sustainable returns on massive infrastructure spending by major tech firms. This skepticism created a correlation between tech stocks and crypto, amplifying the selling pressure across all high-risk categories. Market participants are now exercising extreme caution, waiting to see if the **$75,000** floor for Bitcoin holds or if the "risk-off" environment will drive further de-risking in the days ahead.
Key Factors Influencing Tuesday's Stock Market Action
**Market Brief: Post-Budget Rebound & Volatility Analysis** **February 2, 2026** **Indices Reclaim Key Levels** Indian equity benchmarks staged a sharp recovery today, wiping out a significant portion of the losses sustained during the Budget-day sell-off. The **BSE Sensex** surged **944 points** (+1.17%) to close at **81,666**, while the **Nifty 50** reclaimed the psychological 25,000 mark, ending at **25,088** (+1.06%). **Volatility Drivers: STT & Borrowing Costs** The initial market "drubbing" was triggered by the Union Budget 2026-27, specifically the steep hike in the Securities Transaction Tax (STT) on F&O trading—futures STT jumped to **0.05%** from 0.02%—and a higher-than-expected gross borrowing plan of **₹17.2 lakh crore** for FY27. Bond yields spiked in response, with the 10-year yield hitting **6.78%**. **Crude Relief & Global Cues** Sentiment improved significantly today due to a sharp correction in global oil prices. Brent Crude tanked nearly **5%** to trade around **$65.94** per barrel, driven by signs of easing geopolitical tensions between the U.S. and Iran. This decline offered crucial respite to India’s import bill, offsetting concerns over the government's fiscal math. **Technical Outlook** Despite the bounce, technical damage remains visible. The Nifty 50 briefly slipped below its **200-day moving average** during the Budget session, a sign of weakening medium-term momentum. While the index is back above **25,000**, analysts caution that the broader trend remains guarded. The consensus suggests a "sell on rise" strategy as the market digests the liquidity impact of higher taxes. **Sector Watch** Broad-based buying was observed across **14 of 16 sectors**, with Oil & Gas, Banking, and Auto stocks leading the charge. However, broader caution persists as Foreign Institutional Investors (FIIs) remain net sellers, offloading equities worth over **₹580 crore** in the previous session.
Budget 2026 Maintains Status Quo on Crypto Taxation Structure
**Market Brief: India Crypto & VDA Sector (Budget 2026)** **Core Policy Update** The Union Budget 2026 has strictly maintained the status quo on crypto taxation, bypassing industry demands for relief. The existing **30%** flat tax on gains and the controversial **1%** TDS on transactions remain in full force. The ban on setting off losses against gains also continues, effectively taxing gross profits without accounting for net trading realities. **New Compliance Penalties** While tax rates remained static, the government tightened enforcement mechanisms. A new amendment introduces specific financial penalties for reporting failures, effective **April 1, 2026**: * **₹200 per day** for failure to furnish transaction statements. * **₹50,000** flat penalty for providing inaccurate information or failing to rectify errors. These provisions target reporting entities (exchanges and VDAs) to ensure strict adherence to Section 509 of the Income Tax Act. **Market Impact & Liquidity** The decision to retain the **1%** TDS is expected to perpetuate the "liquidity drain" on domestic exchanges. Industry data indicates that nearly **72%** of Indian crypto trading volume has already shifted to offshore platforms to bypass this levy. By refusing to lower the TDS to the requested **0.01%**, the government has prioritized transaction tracking over restoring onshore market depth. **Sector Sentiment** Industry response is mixed but largely somber. While some leaders view the new penalty clauses as a step toward "formalizing" the sector and removing regulatory ambiguity, the lack of economic rationalization is a major setback. The inability to offset losses remains a critical friction point, leaving traders with high tax liabilities even in net-loss scenarios. **Key Figures at a Glance** * **30%**: Tax on VDA gains (unchanged) * **1%**: TDS on transfers (unchanged) * **₹200/day**: New penalty for reporting delays * **₹50,000**: New penalty for inaccurate data * **72%**: Estimated trading volume moved offshore due to current tax structure