Union Bank Shares Up After Q3; Nifty Metal Rises on Record Gold-Silver Prices & More – Paper by Pocketful
Market Recap: 13th January, 2026
Top Gainers & Losers (Nifty 50)
🗞 Stock News Highlights
Union Bank of India (+7.87%): Shares rose after total business reached ₹22.40 lakh crore, advances grew 7.13% YoY, deposits rose 3.36% to ₹12.23 lakh crore, with CRAR at 16.49%.
NLC India (+1.88%): Shares rose after signing an MoU with the Gujarat government to develop solar, wind, hybrid, and battery storage projects, with an investment potential of ₹25,000 crore.
Interarch Building Solutions (-0.20%): Shares slipped marginally despite securing a ₹130 crore order for manufacturing a pre-engineered steel building system.
Bank of Maharashtra (+1.31%): Shares rose after Q3 net profit jumped 26.5% YoY to ₹1,779 crore, NII grew 16.3% to ₹7,344 crore, and RoA improved to 1.86%.
🏢 Sectoral Performance
Metal | Nifty Metal (+2.70%): Index rose as Vedanta, Nalco & Hindustan Copper gained up to 6%, supported by strong demand, record gold-silver prices, and positive earnings outlook.
PSU Bank | Nifty PSU Bank (+2.13%): Index rose as Bank of Maharashtra and Union Bank of India reported strong Q3 growth, improved asset quality, and robust advances, supporting structural uptrend.
IT | Nifty IT (-0.85%): Index fell as major IT firms saw profit booking; with 2 gainers, while 8 others dragged amid global slowdown and currency headwinds.
Realty Stocks | Nifty Realty (-1.46%): Index fell for seventh consecutive session, with 2 gainers and 8 draggers, dragged by profit booking, delayed contract awards, and rising input costs.
🔍 Market Insights
Technical Level: The index opened lower with a gap-down, rallied in the morning session, but declined in the afternoon, trading within a range, facing resistance at 25,690 and support at 25,602.
Advance-Decline Ratio: Market showed mixed sentiment, recording Advance - 1,572 and Decline - 1,567, as gains and losses were evenly distributed across sectors.
The Big Picture: Metals surged as gold, silver, copper, and tin hit record highs, fueled by US rate cut expectations, strong Chinese demand, weak dollar, and geopolitical tensions, with silver and gold seeing historic gains and robust trading activity.
FII/DII Activity (Jan 13, 2026): Institutional activity was mixed today, as DIIs purchased ₹1,182 crore while FIIs sold ₹1,500 crore, highlighting differing approaches by domestic and foreign participants.
🔮 Watch Out For Tomorrow
Earnings Corner: Jio Financial Services, HDFC Life Insurance, and LT Technology Services Ltd. are set to release their Q3 results tomorrow.
Macro: USA Fed Williams Speech & India Balance of Trade (Dec) are scheduled for release tomorrow, likely to influence market sentiment and trading ahead of key economic updates.
Index Watch: Index opened with a gap-up start and traded overall in a range. The daily candle shows a weak trend, indicating a negative opening tomorrow, with support seen at 25,460. The market may witness further downside, but a pullback from this support cannot be ruled out.
5 Day Course
Theme: Options Strategies for Traders
Day 3 – Bull Call Spread
A bull call spread is a limited-risk, limited-reward strategy used in moderately bullish markets. You buy a lower strike call and sell a higher strike call on the same underlying and expiry. This reduces the upfront cost compared to buying a naked call but also caps your maximum profit.
Example: Buy Nifty 25,700 call at ₹150, sell Nifty 25,900 call at ₹70. Net premium paid is ₹80. Maximum profit is 25,900 – 25,700 – 80 = ₹120 per lot. Maximum loss is limited to ₹80. This strategy is useful when you expect gradual upward movement, not a huge rally.
📝 Word Of The Day
Yield is the income generated from an investment, such as interest or dividends, It is usually expressed as a percentage of the investment’s cost, value, or principal. Investors use yield to compare returns across different assets and assess profitability.
👀 Stay tuned. Stay diversified.
Until next time,
Team Pocketful.