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What is the story about?
Nifty falls to day's low, declines to 24,750; Silver on MCX down 9%; Sensex below 80,500
It's a volatile day on Dalal Street after yesterday's rout, with benchmark indices in the red. Railway, Defence and Capital market stocks continue to remain in the spotlight after Sunday's sell-off,along with the extreme volatility seen in Gold, Silver and the Dow Futures
Budget 2026: Striking a balance between growth and fiscal discipline
In a tight fiscal and geo-political landscape, the Budget 2026 has pulled out a surgical scalpel rather than a big bazooka. It maintains the path of fiscal consolidation while delivering a focused investment growth towards enhancing the competitiveness of India’s infrastructure & industry and boosting ease of living for Indians.
Financial sector, the bedrock of the economic system, is robust, and the government proposed to take a moment to pause, reflect and plan for the long term.
By: Manisha Aggarwal, Partner, Deloitte India.
Shareholder Lock-In: Lenskart, NSDL, eight others to see shares worth ₹30,000 crore free up this week
A total of 10 companies will see shares worth over ₹30,000 crore free up for trade this week as their shareholder lock-in periods expire. These include Lenskart Solutions, Orkla India, Akums Drugs, Studds Accessories, Aditya Infotech, NSDL, Sri Lotus Developers, M&B Engineering, Laxmi India Finance and Dr. Agarwal's Health Care.
Gold, silver under pressure: Why precious metals are losing shine
Gold and silver fell sharply as CME raised margins and Kevin Warsh’s Fed chair nomination fueled uncertainty.Analysts see mixed outlooks, with gold’s long-term prospects stronger than silver’s.
Silver Price Sell-Off — Indian ETFs extend losses for second day in a row, drop up to 15%
Global Silver prices are down between 6% to 8% on Monday, as volatility continues to grip commodities and precious metals as the US Dollar continues to strength after the
nomination of Kevin Warsh as the new Fed Chair by US President Donald Trump.
MCX gold hovers near ₹1.43 lakh per 10 grams; silver below ₹2.50 lakh per kg
Domestic bullion prices came under heavy pressure, tracking a sharp sell-off in global precious metals after US President Donald Trump nominated Kevin Warsh as the next Federal Reserve Chair and CME raised margin requirements on metal futures, with MCX gold down 3.22% and silver down 6.46%.
'Be careful in Silver' — S Naren of ICICI Pru AMC explains why and how to play this theme
S Naren of ICICI Prudential AMC believes that Silver is one asset class where investors need to be careful.He also went on to explain how can investors still play this theme if they wish to.
In an interaction with CNBC-TV18 on Monday, Naren stated that investors should be careful of any asset class that gives investors returns of 100% or more in less than one year, and that asset class recently has been Silver.
Budget 2026 tightens rules: One-day delay in tax audit report may cost ₹75,000
The Union Budget 2026–27, presented by Finance Minister Nirmala Sitharaman in the Lok Sabha on Sunday (February 1), proposed a much stricter regime for delays in filing tax audit reports under the proposed Income-tax Act, 2025. The Finance Bill, 2026 introduces a graded and mandatory fee structure under proposed Section 428, replacing the earlier discretionary penalty system with fixed monetary charges. Under the new rules, even a one-day delay in submitting a tax audit report will attract a fee of ₹75,000, marking a sharp escalation in compliance costs.
Goldman Sachs projects these defence stocks to benefit from Budget 2026 announcements
Defence stocks such as Solar Industries, Bharat Electronics, Bharat Dynamics, Data Patterns, PTC Industries, have been listed as potential beneficiaries of the Defence allocation highlighted as part of Budget 2026 by Goldman Sachs in the brokerages' latest note on Monday, February 2.
The Dalai Lama wins his first Grammy
The Dalai Lama won his first Grammy for audio book, narration and storytelling recording for Meditations: The Reflections of His Holiness the Dalai Lama at the GRAMMYs 2026. "I receive this recognition with gratitude and humility. I don’t see it as something personal, but as a recognition of our shared universal responsibility," the spiritual leader said in a post on X.
Grammy Awards 2026 Live Updates: Bad Bunny wins Album of the Year, Kendrick Lamar, SZA bag Record Of The Year for 'Luther'
Kendrick Lamar and SZA win Record Of The Year. Bad Bunny makes history with Album of the Year. Dalai Lama, Steven Spielberg, FKA twigs, and Turnstile win first Grammys. Anoushka Shankar misses out on the Best Global Music Performance. Billie Eilish bags the award for Song of the Year for ‘Wildflower’.
It's a volatile day on Dalal Street after yesterday's rout, with benchmark indices in the red. Railway, Defence and Capital market stocks continue to remain in the spotlight after Sunday's sell-off,along with the extreme volatility seen in Gold, Silver and the Dow Futures
Budget 2026: Striking a balance between growth and fiscal discipline
In a tight fiscal and geo-political landscape, the Budget 2026 has pulled out a surgical scalpel rather than a big bazooka. It maintains the path of fiscal consolidation while delivering a focused investment growth towards enhancing the competitiveness of India’s infrastructure & industry and boosting ease of living for Indians.
Financial sector, the bedrock of the economic system, is robust, and the government proposed to take a moment to pause, reflect and plan for the long term.
By: Manisha Aggarwal, Partner, Deloitte India.
Shareholder Lock-In: Lenskart, NSDL, eight others to see shares worth ₹30,000 crore free up this week
A total of 10 companies will see shares worth over ₹30,000 crore free up for trade this week as their shareholder lock-in periods expire. These include Lenskart Solutions, Orkla India, Akums Drugs, Studds Accessories, Aditya Infotech, NSDL, Sri Lotus Developers, M&B Engineering, Laxmi India Finance and Dr. Agarwal's Health Care.
Gold, silver under pressure: Why precious metals are losing shine
Gold and silver fell sharply as CME raised margins and Kevin Warsh’s Fed chair nomination fueled uncertainty.Analysts see mixed outlooks, with gold’s long-term prospects stronger than silver’s.
Silver Price Sell-Off — Indian ETFs extend losses for second day in a row, drop up to 15%
Global Silver prices are down between 6% to 8% on Monday, as volatility continues to grip commodities and precious metals as the US Dollar continues to strength after the
MCX gold hovers near ₹1.43 lakh per 10 grams; silver below ₹2.50 lakh per kg
Domestic bullion prices came under heavy pressure, tracking a sharp sell-off in global precious metals after US President Donald Trump nominated Kevin Warsh as the next Federal Reserve Chair and CME raised margin requirements on metal futures, with MCX gold down 3.22% and silver down 6.46%.
'Be careful in Silver' — S Naren of ICICI Pru AMC explains why and how to play this theme
S Naren of ICICI Prudential AMC believes that Silver is one asset class where investors need to be careful.He also went on to explain how can investors still play this theme if they wish to.
In an interaction with CNBC-TV18 on Monday, Naren stated that investors should be careful of any asset class that gives investors returns of 100% or more in less than one year, and that asset class recently has been Silver.
Budget 2026 tightens rules: One-day delay in tax audit report may cost ₹75,000
The Union Budget 2026–27, presented by Finance Minister Nirmala Sitharaman in the Lok Sabha on Sunday (February 1), proposed a much stricter regime for delays in filing tax audit reports under the proposed Income-tax Act, 2025. The Finance Bill, 2026 introduces a graded and mandatory fee structure under proposed Section 428, replacing the earlier discretionary penalty system with fixed monetary charges. Under the new rules, even a one-day delay in submitting a tax audit report will attract a fee of ₹75,000, marking a sharp escalation in compliance costs.
Goldman Sachs projects these defence stocks to benefit from Budget 2026 announcements
Defence stocks such as Solar Industries, Bharat Electronics, Bharat Dynamics, Data Patterns, PTC Industries, have been listed as potential beneficiaries of the Defence allocation highlighted as part of Budget 2026 by Goldman Sachs in the brokerages' latest note on Monday, February 2.
The Dalai Lama wins his first Grammy
The Dalai Lama won his first Grammy for audio book, narration and storytelling recording for Meditations: The Reflections of His Holiness the Dalai Lama at the GRAMMYs 2026. "I receive this recognition with gratitude and humility. I don’t see it as something personal, but as a recognition of our shared universal responsibility," the spiritual leader said in a post on X.
Grammy Awards 2026 Live Updates: Bad Bunny wins Album of the Year, Kendrick Lamar, SZA bag Record Of The Year for 'Luther'
Kendrick Lamar and SZA win Record Of The Year. Bad Bunny makes history with Album of the Year. Dalai Lama, Steven Spielberg, FKA twigs, and Turnstile win first Grammys. Anoushka Shankar misses out on the Best Global Music Performance. Billie Eilish bags the award for Song of the Year for ‘Wildflower’.
