Indian equities ended the week on a mixed note with clear sectoral divergence. PSU Banks (+4.8%) and Metals (+4.6%) led the rally, reflecting renewed interest in value and global cyclical plays. IT (+2.8%) also posted a strong recovery, supported by currency tailwinds and selective bargain buying. Bank Nifty outperformed the broader market, reinforcing financials as the near-term leadership space. In contrast, defensives and interest-sensitive pockets saw profit-taking—FMCG, Infra, Auto, Pharma, Realty and Capital Goods remained under pressure. Benchmark indices were largely flat, with Nifty 50 and Sensex closing marginally unchanged, indicating a market in consolidation rather than trend reversal.
Commodities delivered a standout performance. Gold gained over 2% during the week, supported by safe-haven demand. Silver outshone all assets, surging more than 13% internationally to cross $90/oz, while on MCX it breached ?2,90,000/kg, highlighting strong industrial demand and speculative momentum. The sharp rally signals a structural shift in precious metals, driven by energy transition themes, supply constraints and rising global uncertainty.
The US Dollar strengthened during the week, with the rupee weakening toward ?91 per dollar. Rupee depreciation may support export-oriented sectors like IT and metals, while increasing pressure on import-heavy segments. Currency movement will remain a key near-term driver for Indian markets.
Scroll down to understand more of such market news and perspectives for the week gone by in easily understandable charts.
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Here’s how Anand Rathi Wealth fared in Q3FY26.

The below chart shows the performance of Bank of Maharashtra in Q3FY26.

The shares of IREDA surged 2% after an impressive Q3FY26 result.

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Krishana Phoschem Posts All Time High Revenue With Stable Margins

The chart displays the financial performance of Tejas Networks for Q3FY26

The chart explain the rationale behind surge in share price of Purvanakara

PSU Banks and Metals lead the week, while Realty, Pharma and Capital Goods drag.

Nifty First 10 Day Slip Signals A Negative Closing for January Historically

CPI Ticks Up to 1.33% as Inflation Finds a Floor, While Food Prices Stage a Gradual Comeback

WPI Turns Positive in Dec’25, Signalling a Tentative Return of Pricing Power

USDJPY Trades at 52 Week High Shows Fundamental Conviction on Dollar

The chart explains the export import situation for December

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PSU Bank Index Scales Fresh Highs, Confirms Shift to Strong Uptrend

Source: visualcapitalist
