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IDBI Bank shares slipped despite a strong December-quarter update. The bank reported a 12% year-on-year rise in total business to Rs 5.46 lakh crore, supported by healthy growth in deposits and credit.
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Bandhan Bank's shares surged following a positive business update, with loans and advances growing 10% year-on-year to Rs 1.45 lakh crore. While total deposits saw an 11.1% increase, a slight quarter-on-quarter dip and a declining CASA ratio were noted. Improved asset quality, with collection efficiency at 98.1%, provided investor comfort.
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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.
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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.
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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.
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