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Multi Commodity Exchange of India shares surged over 100% driven by a bullion price rally. Following sharp corrections in gold and silver, exchanges increased margin requirements to curb volatility. While futures activity contracted, options trading picked up, mirroring past trends and raising questions about the stock’s valuation.
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Consumer analyst Abneesh Roy sees a real FMCG revival driven by GST cuts, steady rural demand, and recovering urban consumption. He highlights Nestle, Britannia, Marico, and Tata Consumer as near-term beneficiaries, while positioning ITC as a one-to-two-year recovery play after a tax shock. Hindustan Unilever’s premium beauty investment is also noted as a structural re-rating catalyst.
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Australian shares reached an all-time peak on Thursday. Strong company earnings fueled widespread gains. Banks and miners led the advance. The S&P/ASX 200 index climbed significantly. Investors are watching upcoming earnings reports. Unemployment data also influenced market sentiment. Copper prices boosted mining stocks. Some individual companies experienced sharp movements.
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Mutual funds sustained strong buying momentum in January 2026, investing over Rs 42,000 crore in equities. ETMarkets analysis shows 31 stocks were added across multiple schemes, with 11 delivering 50–100% returns over one year, including a multibagger, highlighting continued institutional conviction in select banking and financial stocks.
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South Korean shares surged to a record high, driven by a tech-led rebound on Wall Street. The benchmark KOSPI closed up 3.09%, with major tech and auto companies seeing significant gains. Meanwhile, the won weakened against the dollar, and benchmark bond yields rose.
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