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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.

Laurus Labs reported a 7% YoY drop in API revenues to Rs 531 crore for Q3 FY24, driven by lower ARV volumes. However, the FDF segment saw ARV sales grow 40% sequentially, highlighting a rebound in this category despite overall revenue pressure.

Canara Bank Q3 Results: Net interest income declined 3% YoY to Rs 9,149 crore. Pre-provision operating profit surged 15% YoY to Rs 7,837 crore, up from Rs 6,805 crore a year ago. Provisions for Q3 increased 26% YoY to Rs 2,398 crore.

ACC Q3 Results: On a sequential basis, the profit after tax (PAT) for the Adani Group company surged by 447%, compared to Rs 200 crore reported in Q2FY25. Meanwhile, the topline witnessed a 15% uptick on a quarter-on-quarter basis, compared to Rs 4,521 crore in the July-September quarter.

The economy has been slowing in patches, with FPIs selling relentlessly. Despite this, strong retail inflows and faith in India’s growth have overshadowed concerns. However, equities have sharply corrected in recent weeks, leaving personal portfolios bleeding. This has raised a critical question for investors: is it time to hold, buy, or sell amid these uncertainties?

Bitcoin fell below $100,000 on January 27, driven by profit-taking after a recent rally. Smaller altcoins like Solana and Dogecoin saw sharper declines. Market sentiment remains mixed, with long-term holders optimistic and technical indicators suggesting indecision. Broader economic factors, including U.S. interest rate decisions, contribute to potential volatility in the coming week.

I would say that, first of all, that we are only in the secured portfolio where every portfolio is collateralised either by real estate or the gold and plus, last two years we invested heavily on the technology and building data science capabilities, building scorecards, managing the risk accordingly and continuously reducing the dependence on the human and focusing more on how data-driven decisioning can be done and I think that is one region where our asset quality is remaining very robust.