State-run Punjab & Sind Bank on Saturday reported a 19% increase in net profit to 336 crore in the December quarter as bad loans declined. The Delhi-headquartered bank had earned a net profit of 282 crore a year ago.
Digilogic Systems Limited, a city-based automated test equipment systems and application software provider to the defence and aerospace sector, on Saturday announced that its Initial Public Offering (IPO) will open for subscription on January 20.
So far in FY26, 12 penny stocks have delivered sharp gains, with returns ranging from 40% to 589%, including six multibaggers. Selected using strict filters based on market capitalisation, price, and liquidity, the analysis highlights low-priced, actively traded micro-cap stocks that show strong momentum, while underscoring the high risks involved.
Axis Securities has identified three stocks Bank of India, Tata Steel, and HCL Tech with strong technical setups for potential short-term gains of up to 19%. These picks are based on favorable risk-reward trends and recent chart breakouts, suggesting opportunities amid market volatility.
Markets are poised for a volatile week influenced by Q3 earnings, with over 230 companies set to announce results. Geopolitical tensions between the US and Iran are expected to weigh on global sentiment, while FII outflows continue. Technical indicators suggest a consolidative bias with immediate support at 25,55025,600.
Myanmar successfully conducted phase-1 of its national elections on December 28, 2025, with over 60% voter participation, despite Western skepticism. The elections, aimed at restoring stability, introduced a Mixed Member Proportional system for greater inclusivity. Phase-2 also concluded with higher turnout but increased violence, prompting India to adopt a wait-and-watch approach.
Greenland residents are contemplating drastic measures amid US President Trump's expressed desire to acquire the island. Ulrikke Andersen plans to flee with her daughter if an invasion occurs, while others are stocking supplies. Despite authorities offering no guidance, some are preparing for the worst, highlighting a growing concern for their homeland's future.
