Economy

Gold and silver prices surged across major Indian cities on January 20, 2026, driven by global market uncertainty after US tariff threats on European allies amid a diplomatic dispute.

Motilal Oswal trimmed PNB's FY27E/FY28E earnings estimates by 3% and 4%, respectively, factoring in the margin pressure and provision adjustments.

Gold traded near $4,670 an ounce on Tuesday, while silver briefly touched a record $94.7295 an ounce.

NYSE, which is owned by Intercontinental Exchange Inc., plans to use its existing technology that matches buyers and sellers, combined with private blockchain networks, to facilitate the trading of tokenized securities in real-time, according to executives.

About 4.35 crore shares, or 3.57% of the company's equity, changed hands for Rs 289 crore, at an average price of Rs 66.4 per share.

The stock zoomed 11% higher and is currently trading around 9.3% higher at Rs 461.50 apiece. Over the past one month, performance reflected a decline of 4.07%.

The subscription window for Shadowfax TechnologiesIPO will remain open from Jan. 20 to Jan. 22, with the allotment expected to be finalised on Jan. 23.

Shares of LTIMindtree are under immense pressure in trade on Tuesday after the company reported its third-quarter earnings for the ongoing financial year. The stock is currently trading at Rs 6,010, which accounts for a correction of over 6%, compared to Monday's closing price of Rs. 6,407.

Protein consumption in India is moving beyond fitness products into everyday food choices.

Hindustan Zincs strong balance sheet and supportive silver outlook underpin Systematix' view for a higher valuation multiple.

LTIMindtree, Tata Capital, Oberoi Realty, Ceat, Bansal Wire, Havells and Ola Electric shares in focus today.

Brokerages are divergent on Punjab National Bank after its Q3 results.

Stocks in focus include a mixed bag of calls across banks, auto, defense and more.

Margins remain supported by Fit4Future execution and SG&A discipline, even as near-term wage headwinds persist.

Reacting to the earnings, brokerages remained mixed on LTIMindtree. While Morgan Stanley hiked the target price on the counter, Citi has done the opposite, citing higher valuations.

Kotak Mahindra Bank, Adani Green Energy and Mastek are among the companies that will declare results this week.

Jefferies and HSBC expect the next quarter to be even stronger seasonally, supported by higher volumes, elevated silver prices and continued cost discipline.

Angel One board announced an interim dividend of Rs 23 per share. The record date to determine the shareholders eligible for the dividend payout has been fixed as Jan. 21.

Vikram Solar, Canara Robeco Asset Management Company and EPACK Durable are among the companies that will declare earnings on Jan. 20.

A clutch of global and domestic brokerages has rolled out fresh views on Punjab National Bank, LTIMindtree, Havells India, Hindustan Zinc and Bharat Heavy Electricals following their latest quarterly earnings, ahead of the upcoming session.