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The Nifty Metal Index has declined significantly, further extending its losses.

The shares of Hindustan Zinc also declined along with other metal stocks, as the metal index dropped over 4%.

Aravind Melligeri, Chairman and CEO, Aequs Q3 On CNBC-TV18

Sanjay Thapar, Group CEO & Executive Director , SJS Enterprises Q3, On CNBC-TV18

Rossari Biotech promoters are exploring a potential stake sale, global PE funds & a listed strategic player have shown preliminary interest in Rossari Biotech

Food now makes up 34.77% of the inflation basket in India’s new CPI index, down from 45.86% in the 2012 series, indicating a change in consumption patterns. The CPI rebasing exercise for 2023–2024 includes the updated weights.

Brigade Group signs an agreement to purchase a land parcel in Secunderabad with est GDV of ₹650 Cr

The CEO of the Jakarta Stock Exchange, Iman Rachman, resigned on Friday, January 30, citing “recent market conditions.”

Following a warning from index provider MSCI about a possible demotion to “frontier market” classification from the current “Emerging Market” category, the Jakarta Composite index plummeted more than 7% on Wednesday and trade was suspended once more on Thursday.

Although freight markets have improved in the December quarter, G Shivakumar, Executive Director & CFO of GE Shipping Company, said that management is still cautious about reading too much into the short-term momentum, particularly given that geopolitics continues to dominate global energy and trade flows.

Thermax & HPCL Sign MoU To Advance Sustainable Energy Solutions At India Energy Week 2026

The markets are under pressure, with the Nifty index down over 160 points, and these are the volume based movers among Nifty 500 stocks.

The Nifty Midcap index has recovered over 700 points from the lows to turn positive.

Kanika Pasricha, Chief Economic Advisor, Union Bank of India

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Vishrut Rana, Economist Asia Pacific, S&P Global Ratings

EaseMyTrip | Partners With ProXpense To Transform Corporate Travel & Expense Mgmt

Even as the markets continued to trade low, the shares of Signature Global rocketed over 10%.

Dixon Technologies (India) Ltd.’s stock began trading lower on Friday, January 30, following the release of mostly in-line quarterly results. But the stock is currently trading 3% higher after recovering early losses.

On Friday, January 30, Syrma SGS Technology Ltd.’s stock rose as much as 11% following the company’s release of impressive third-quarter earnings that exceeded Wall Street projections. After then, the stock modestly declined from its initial highs.

Globalisation, the long-held trade dogma, is in trouble, as this massive free trade agreement has once again shown. In other words, the “law of comparative advantage,” which propelled globalisation, is currently being divided. According to former CBIC Chairman Najib Shah, although interconnectivity has increased, it is now limited to partners.

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CME, the financial derivatives exchange located in Chicago, has raised the margins on Copper trades by 20% on Friday, January 30, after prices in the worldwide markets set a new high.

As profit-taking and a stronger US dollar affected MCX and spot rates, gold and silver prices in India plummeted from record highs; nonetheless, monthly increases continue to be robust despite worldwide uncertainties.

Shrikant Chouhan, Kotak Securities

On JSW Steel

We like JSW Steel which is around ₹1,250-1,255. There also we have view of heading towards the levels of ₹1,280-1,290 in the near-term. So, it is a buy if there is a lower opening.

On Hindustan Aeronautics

We also like Hindustan Aeronautics. There we have a target of ₹4,800.

On HDFC Bank

We cannot forget buying any particular stock from the private banks. HDFC Bank was down in the last one month but currently it is rebounding from its important level. So there also we can expect further more activity in today’s trade.

Shrikant Chouhan, Kotak Securities

Sachin Tikekar, Joint MD, KPIT Tech Q3, On CNBC-TV18

Irfan Razack, CMD, Prestige Group Q3 On CNBC-TV18

Venugopal Garre, MD, India Head of Research, Bernstein On CNBC-TV18

The shares of GE Shipping is up over 2%.

Bajaj Auto is to report its Q3 earnings today; expect volumes to be higher, driven by festive demand, GST cuts & export growth. Rupee depreciation & better mix to aid realisations.

Ed Clissold, Chief US Strategist at Ned Davis Research, stated in a recent interview that market volatility is likely to persist across asset classes as investors respond more to momentum trades and geopolitical headlines than to economic fundamentals.

The shares of Vodafone Idea, the telecom service provider, have surged over 10%.

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