- There is no overnight money in markets. Impatience is punished and greed destroys capital faster than it creates it. Real wealth is built slowly through discipline, time and right decisions. If money was made overnight, everyone would be rich. Greed wants everything today, the market takes everything tomorrow.
- Market open on Sunday as 1st February falls on a Sunday, yet BSE and NSE will remain open for Budget 2026 trading from 9:15 AM to 3:30 PM.
- Friday night cues were mildly negative with Dow down 83 pts, S&P down 5 pts, Nasdaq down 15 pts and GIFT Nifty down 42 pts, indicating a flat to negative start, while gold and silver hit fresh highs. As per market grapevine, over the last 3–4 months prudent investors shifted money from equities and mutual funds to gold, silver and ETFs and earned bumper gains, while others remain frustrated. If Budget offers no relief on STT, LTCG or STCG, more funds may move to bank FDs and precious metals.
- The government plans to relax defence FDI norms by raising the automatic route limit to 74% from 49% for licensed players and removing restrictive conditions, which could attract higher foreign capital and technology inflows, supporting domestic defence stocks.
- Market veteran Vijay Kedia appears in Q3 shareholding of Patel Engineering with a 1.01% stake. Keep on radar.
- Market veteran Mukul Agarwal entered HCC with a 1.68% stake. Stock looks attractive at Rs.18 versus 52-week high of Rs.48 and lifetime high of Rs.138.
