Japan's Nikkei share average slid for a third day on Monday as geopolitical tensions over Greenland sparked a safe-haven rally in the yen, while economic data surprised on the downside.
Commodity trading has moved into the spotlight as a sharp rally in gold and silver boosts volumes on the MCX, according to Zerodha CEO Nithin Kamath. He said precious metals now dominate activity, impacting broker market shares. Kamath noted Zerodha initially lost ground due to infrastructure gaps but is regaining share while expanding investor education on commodities.
Punjab National Bank has announced a significant 13 percent rise in its net profit for the third quarter ending December 2025. The bank's net profit reached Rs 5,100 crore. This marks a substantial improvement compared to the previous year. Asset quality also saw positive movement with a reduction in gross and net non-performing assets ratios.
Shadowfax Technologies Rs 1,907 crore IPO opens on January 20, 2026, with a price band of Rs 118124 and will be open till January 22. Grey market premium has eased to about 8%, indicating moderate investor interest and a potential listing near Rs 134 per share. The issue includes a Rs 1,000 crore fresh issue to fund expansion and a Rs 907 crore offer for sale by existing shareholders.
