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Stocks in News

* ALKEM LABORATORIES: The company has introduced a new multivitamin supplement named 'A To Z Daily' in the domestic market.

* ARVIND SMARTSPACE: The company has entered into a strategic pact for its largest high-rise residential project in Mumbai, which carries an estimated top-line revenue potential of Rs. 2,400 crore.

* BIOCON: The company has announced the commercial launch of its Denosumab biosimilars, branded as Bosaya and Aukelso, in the United States market.

* GAIL INDIA: The company has signed a strategic agreement with the Greek company Alpha Gas for the chartering of an LNG carrier. • AUROBINDO PHARMA: The company has received final approval from the US FDA to manufacture and market Dapagliflozin and Metformin Hydrochloride Tablets, used for glycemic control.

* LUPIN: The company has got the US FDA approval for Dapagliflozin tablets.

* LEMON TREE HOTEL: The company reports that the Competition Commission of India (CCI) has approved its internal corporate restructuring plans.

* SHRINGAR HOUSE: The company has marked its strategic entry into the lucrative gold bridal jewellery segment to diversify its product offerings.

* SWAN DEFENCE: The company has secured a major order, valued between Rs. 1,500 crore to Rs. 3,000 crore, from Energy One for the construction of four ammonia bulk carriers.

* PRINCE PIPES AND FITTINGS: The company has successfully completed the acquisition of a new manufacturing facility located in Gujarat to boost its production capacity.

* IKS HEALTH: The company has announced the launch of its new audit-ready medical coding capabilities designed to enhance healthcare revenue cycle management.

Economic News

• Capex by big CPSEs, 4 key government entities surges 62% in March: Capital spending by these CPSEs and Railway Board, National Highways Authority of India (NHAI), Delhi Metro Rail Corporation and Damodar Valley Corporation jumped 62% year-on-year to Rs.1.10 lakh crore in March, showed the latest Department of Public Enterprises data.

Global News

• U.S. capex rebounds, but geopolitical uncertainty clouds near-term outlook: U.S. core capital goods orders (ex-aircraft) rose 0.6% in February (vs. 0.4% est.) after a prior decline, while shipments increased 0.9%, signaling resilient business equipment spending before the Iran conflict. The growth was led by machinery (+1.5%) and metal-related orders, though broader durable goods orders fell 1.4% due to a steep drop in commercial aircraft demand. Inventory levels also edged up, supporting continued capex momentum, with business investment expanding for the fourth straight quarter. However, escalating geopolitical tensions have pushed up oil prices and disrupted supply chains, raising concerns of softer orders ahead as firms turn cautious. While AI-driven investments and data center expansion remain structural tailwinds, near-term uncertainty could lead to a temporary pause in capital expenditure despite an otherwise stable underlying trend.

Government Security Market

* The Inter-bank call money rate traded in the range of 4.20%- 5.15% on Tuesday ended at 4.80%.

* The 10 year benchmark (6.48% GS 2035) closed at 7.0458% on Tuesday Vs 7.0458% on Monday .

Global Debt Market:

U.S. Treasury yields rose on Tuesday as President Donald Trump again warned the U.S. would strike Iranian civilian and energy infrastructure if Tehran did not agree to reopen the Strait of Hormuz before a looming deadline. The 10-year Treasury yield the benchmark for U.S. government borrowing was more than 1 basis point higher in early trade, at 4.3466% . Yields on the 2-year Treasury note, which are more sensitive to short-term Federal Reserve rate decisions, were also up by 1 basis point, at 3.8622%. The 30-year bond yield, meanwhile, rose 1 basis point, reaching 4.9060%. The rise in the cost of borrowing followed President Donald Trump’s repeated threat to bomb Iranian infrastructure, including power plants and bridges, if Tehran did not reopen the Strait of Hormuz by 8:00 p.m. ET on Tuesday. President Trump said it was “highly unlikely” he would extend the deadline further, and warned of “the complete demolition” of Iran’s critical infrastructure should a deal not be reached. Iranian officials have rejected plans for a temporary ceasefire and have instead called for a permanent end to the conflict. Energy prices have notched higher as Tuesday’s deadline approaches. Brent crude, the global benchmark, rose 1.4% in early deal making, reaching $111.27 a barrel. U.S. West Texas Intermediate was last seen 2.1% higher at $114.81. The rally in U.S. Treasury’s came after yields had steadied on the back of a more positive-than-expected nonfarm payrolls data published on Friday. Several Treasury officials will be speaking on Tuesday.

10 Year Benchmark Technical View :

The 10 year Benchmark (6.48% GS 2035) yield likely to move in the range of 6.98% to 7.05% level on Wednesday.

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