Financial Summary: Friday, January 16, 2026

U.S. stocks surged as strong earnings from Morgan Stanley and Goldman Sachs boosted market confidence, particularly in semiconductor stocks.

Indian equities rallied significantly, with the Sensex rising over 750 points following strong earnings from Infosys.

Gold prices fell as easing geopolitical tensions reduced demand for safe-haven assets.

Oil futures saw a slight increase as traders anticipate a technical recovery after recent declines.

Foreign holdings of U.S. Treasuries reached a record high of $9.355 trillion, indicating renewed global confidence in U.S. debt.

Vedanta shares fell nearly 2% after a four-day rally, impacted by profit-taking and weakness in the metal sector.

ICICI Prudential AMC shares rose 7% following a strong Q3 profit increase of 45% year-on-year.

Federal Bank shares surged 11% to a 52-week high following a strong Q3 performance, boosting investor confidence.

Gold, silver, and Bitcoin prices have fallen following shifts in expectations for the next Federal Reserve Chair.

OpenAI warns investors about potential exaggerated claims from Elon Musk ahead of a trial.

Cloudflare acquires AI data marketplace Human Native to improve payment processes for AI developers.

Wikimedia partners with Amazon, Meta, and Perplexity to enhance access to Wikipedia's API for AI projects.

xAI faces a lawsuit over allegations that its Grok chatbot generated unauthorized sexual images.

OpenAI plans to test advertisements on ChatGPT in the U.S., ensuring user data privacy.

OpenAI secures multibillion-dollar deals with major AI chipmakers to enhance its AI capabilities.

The Education Department has postponed collection efforts for defaulted student loans, including wage garnishment.

Construction on the Coastal Virginia Offshore Wind project is set to resume following a federal judge's ruling lifting the previous suspension.

On National Startup Day, Zerodha CEO Nithin Kamath expresses optimism for Indian startups, urging reflection on the current landscape amid uncertainties.

Venezuelan opposition leader María Corina Machado met with Donald Trump but did not receive his endorsement for her presidential campaign.

Iran is experiencing increasing internal dissent as citizens call for alternatives to the current regime amid ongoing repression.

Latin American countries are considering the adoption of the US dollar as a common currency to assess its economic implications.

Following the capture of President Nicolas Maduro, Venezuela's oil prices have surged by 30%, with a recent sale reaching $500 million.

The Kremlin has expressed concern over Donald Trump's comments regarding the potential acquisition of Greenland, indicating they will monitor the situation closely.

The US is considering expanding its 'Board of Peace' initiative to address conflicts in Ukraine and Venezuela, originally focused on Gaza.

President Trump is threatening new tariffs on allies in response to opposition regarding his Greenland acquisition plan.

Concerns are rising over the potential impact of Trump's escalating conflict with the Federal Reserve on the global economy.

In the UK, public disillusionment with the political system raises questions about the governability of the country.

BluPine Energy secures a ₹5,400 crore loan from Axis Bank to enhance its renewable energy projects in India.

Moody's upgrades the outlook for three Adani Group firms to stable, signaling improved financial health.

42 companies, including RIL and Wipro, are set to announce their Q3 earnings today, marking a pivotal earnings season.

HDFC Bank is projected to report a 13% YoY growth in net profit for Q3, driven by increased net interest income.

South Indian Bank shares rose nearly 4% following strong Q3 results, showcasing profit growth and improved asset quality.

Zen Technologies shares surged over 9% after securing Rs 404 crore in defense orders, indicating strong recovery potential.

Cipla shares fell 5% after a temporary halt in manufacturing a key drug due to USFDA observations.

Infosys shares climbed 5% after raising its FY26 revenue growth forecast, reflecting positive market sentiment.

Wipro shares rose 4% ahead of its Q3 results, with expectations of modest revenue growth amid integration costs.

Tech Mahindra reported a 14% YoY profit increase to Rs 1,122 crore for Q3, driven by strong revenue growth.

Mitsubishi announced its largest acquisition ever, purchasing Aethon's shale-gas assets in Texas and Louisiana for $5.2 billion.

Reliance Industries reported a marginal profit growth of 0.56% YoY to Rs 18,645 crore in Q3, with revenue increasing 11%.

Leela Palaces Hotels & Resorts reported a more than doubling of net profit to Rs 148 crore in Q3, reflecting strong revenue growth.