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China Vanke faces turmoil as Chairman Yu Liang and CEO Zhu Jiusheng resign amidst a projected $6.2 billion loss for 2024, its first annual loss since 1991. Leadership transitions and financial struggles deepen investor concerns.

Futures linked to the tech-heavy Nasdaq tumbled on Monday as the overwhelming popularity of an inexpensive Chinese artificial intelligence model sparked a selloff in AI-related shares, with megacap stocks including Nvidia the worst hit.

Promoter share pledging is a common way to raise funds for working capital, personal needs, or other ventures.

On January 27, five stocks saw short covering, leading to a decrease in open interest and price increases: Cyient, Dixon Technologies, ABFRL, L&T Finance, and Bandhan Bank.

CreditAccess Grameen’s net interest income rose 7.4% YoY in Q3 to Rs 861.7 crore, while assets under management grew 6% to Rs 24,810 crore as of December. The borrower base increased 2.4% to 48 lakh. Provisions for stressed loans surged to Rs 752 crore in Q3, significantly higher than Rs 126 crore in the same period last year.

Nifty’s 13% decline from its peak may signal a bottom as US 10-year bond yields form a bearish reversal pattern, suggesting easing liquidity pressures. FIIs pulled Rs 70,000 crore amid global economic concerns.

Short buildup indicates that traders expect further price drops and are building short positions.

BSE Sensex fell 824 points, Nifty dropped 263 points amid weak earnings and trade policy uncertainty. Key movers: Bank of India, HeidelbergCement, Adani Wilmar, Netweb Technologies, Laurus Labs.

​​Just because there has been a slowdown in the earnings, it has led to urban slowdown in consumption and the inflation is higher for urban side of the people where especially housing rent, if we look at the data suggest that, which is forming the highest component of the inflation itself, that seems to be indispensable and hence the consumption is more pronounced in the short term right now.

It is too early to make that call but with regards to what would change the market momentum, we have got three large events lined up over the next 10-12 days going from budget to monetary policy in the West and domestic RBI policy as well which all three of them together would set the stage for the next few months.