Cupid and TFCI saw divergent moves after both hit lower circuits on Friday. Cupid extended its slide despite management clarification, while TFCI rebounded on fresh buying, including Ekta Halwasiyas block deal. Cupid highlighted record Q3FY26 performance and a strong order book, whereas TFCI announced plans to co-sponsor two AIFs.
Hindustan Copper shares jumped on January 5, tracking a nearly 3% rise in LME copper prices. The stock has gained 10% over three sessions. Experts say copper fundamentals remain strong, driven by AI, data centres and green energy demand, while supply risks from mine disruptions and labour unrest support prices.
Silver and gold prices surged sharply on Monday as the US took control in Venezuela, triggering a global rush toward safe-haven assets. MCX silver futures jumped Rs 9,900 per kg, while gold rose over Rs 2,000 per 10 grams. Tight physical supply, geopolitical tensions, and expectations of U.S. rate cuts are reinforcing the bullish momentum.
Bank Nifty shows strong momentum entering earnings season, historically outperforming post-rate cuts. While Nifty's gains are concentrated, broader participation is noted. Analysts suggest focusing on large-cap banks for buying opportunities, anticipating further upside based on historical trends and recent performance.
Bharat Coking Coal Limited (BCCL) is set to launch its maiden IPO in 2026, offering up to 46.57 crore equity shares via an offer-for-sale by Coal India. The IPO, priced between Rs 21 and Rs 23, aims to raise Rs 1,071 crore and will list on BSE and NSE.
Avenue Supermarts' shares dipped 1.5% after reporting a 13% year-on-year revenue increase to Rs 17,613 crore for Q3 FY26. The retailer's provisional update showed a total store count of 442. This follows a 4% net profit rise in the previous quarter.
Asian equities surged to a record high, driven by technology shares, while oil prices fluctuated and precious metals climbed. The ousting of Venezuela's president introduced a geopolitical flashpoint, but markets largely digested the news, with traders refocusing on rate paths and liquidity conditions.
Emerging-market bonds are poised for support in 2026, driven by increasing local investor ownership. These domestic holders, less exposed to currency risk, are proving more resilient. This shift, with China, Mexico, and Indonesia leading, signifies maturing financial markets and a more stable outlook for the asset class.
