Just days prior, on January 31, 2026, the bank had informed the exchanges that the RBI had granted similar approval to SBI Mutual Fund.
Stocks including Bharti Airtel, Tata Motors PV, UltraTech Cement, Hero Moto, LIC, Mazagon Dock, Nykaa, RVNL, Federal Bank and more will be in the spotlight on Friday, February 06.
The approval follows the Competition Commission of India (CCI) clearing Blackstone’s proposal in December 2025 to acquire a 9.99 per cent stake in the Kochi-based private sector lender through warrants.
Commenting on the results, the brokerage said, "In Q3, IDFC First Bank reported a good performance with improvement visible across key operational metrics. We expect continued strong performance on growth, with the bank well-placed to deliver a strong 21/23 per cent CAGR credit/deposit growth over FY26-28E."
Warsh, 55, is a former Federal Reserve governor with deep ties to Wall Street and Washington policymaking circles. He previously interviewed for the role of Fed chair in 2017, when Trump ultimately chose Powell, whose term ends in May.
Commenting on the metals space, Arpit Beriwal said market breadth has largely remained in favour of bears, barring a few stocks and Vedanta stood out among them.
Spot gold climbed 1.79 per cent to $5,071.96 per ounce by early Asian trade, after touching an intraday peak of $5,085.50. US gold futures for February delivery rose by a similar margin to $5,068.70 per ounce.
The Jhunjhunwala stock clocked 28.20% returns in six months and gained 41.66% in a year.
IndusInd Bank plunged 4.7 per cent to Rs close at Rs 905.15. YES Bank declined 4.61 per cent to Rs 21.71. Federal Bank slipped 2.38 per cent to Rs 273.05.
Brokerage firm Systematix Institutional Equities has upgraded the stock to a 'Buy' rating from its earlier 'Hold' stance.
Federal Bank shares gained over 5% to Rs 261.20 on Friday against the previous close of Rs 246.90.





