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Stocks in News

* TD POWER SYSTEMS : The company reported a strong Q1 FY27 performance, with consolidated revenue rising 72% year-on-year to Rs. 640 crore from Rs. 372 crore. EBITDA increased 74.9% to Rs. 121.4 crore from Rs. 69.4 crore .

* LARSEN & TOUBRO: The company entered into a business transfer agreement with its subsidiary, Vyoma.AI, to transfer its data centre and cloud services business for Rs. 1,400 crore

* GRASIM INDUSTRIES: The company has commenced commercial production at its 50,000 MTPA CPVC resin plant in Gujarat.

* DIAMOND POWER INFRASTRUCTURE: The company has secured an order worth Rs. 195 crore from Rajesh Power Services for the supply of underground power cables.

* HG INFRA ENGINEERING: The company has received a Letter of Award (LoA) worth Rs. 241 crore from the Government of Rajasthan.

* MANAPPURAM FINANCE: The company has appointed Ashish Singh as Managing Director & CEO for a five-year term, effective January 1. The board has also approved fundraising of up to Rs. 1 lakh crore through NCDs and other eligible instruments.

* LINDE INDIA: The company reported a 21.6% year -on-year increase in consolidated revenue to Rs. 694 crore from Rs. 571 crore. EBITDA rose 1.8% to Rs. 201 crore from Rs. 197 crore, indicating margin pressure during the quarter.

* KFIN TECHNOLOGIES: The company has launched ‘Klarity’, an agentic AI solution designed to detect and eliminate signature fraud in the BFSI segment.

Economic News

* Fitch Retains India’s Rating at BBB-, Sees 6.4% GDP Growth: Fitch Ratings has affirmed India’s sovereign credit rating at ‘BBB-’ with a stable outlook for the 20th consecutive year, citing a robust growth outlook and strong external finances. The agency expects India’s GDP to grow 6.4% in FY27, despite near-term risks from the West Asia energy shock. Fitch, however, flagged potential fiscal spending pressures from rising youth concerns over jobs and education, while noting that India’s high dependence on imported crude remains a key external risk. It expects the current account deficit to widen to 1.4% of GDP in FY27 from 0.6% in FY26, while forex reserves are projected at $733 billion by FY27-end.

Global News

* Chinese Auto Suppliers Tighten Grip on Europe’s Automotive Supply Chain: Chinese auto parts makers are steadily expanding their presence in Europe, having invested in more than 130 European automotive suppliers since the mid-2000s, primarily across Germany and France. The acquisitions are raising concerns among EU policymakers and automakers, as Chinese companies seek to gain local production capabilities, technology and access to Europe’s automotive market. The push is being supported by rising trade barriers and proposed EU local-content rules, making acquisitions an attractive route to secure “Made in EU” status. With Europe’s auto component sector already facing financial stress and job losses, policymakers are increasingly concerned that continued Chinese investments could reshape the region’s supply chain and create strategic and dependency risks.

Government Security Market:

* The Inter-bank call money rate traded in the range of 4.00%- 5.20% on Tuesday ended at 4.80%.

* The 10 year benchmark (6.94% GS 2036) closed at 6.7791% on Tuesday Vs at 66.7643% on Monday

Global Debt Market:

Treasury yields moved higher on Tuesday as tensions in the Middle East continue to weigh on energy prices and investors look ahead to inflation data due later in the week. The yield on the 10-year Treasury note — the main benchmark for mortgages, auto loans and credit card debt — increased 3 basis points to 4.7334% in early trade. Shorter- and longer-term yields also moved higher. The yield on the 2- year Treasury note, which typically tracks short-term Federal Reserve interest rate decisions, was up by more than 2 basis points at 4.2597%. The 30-year Treasury yield, which is typically more sensitive to geopolitical events, rose more than 3 basis points to 5.2790%. The rise in borrowing costs comes as hopes of a deal to end the conflict in the Middle East appeared to fade this week, after President Donald Trump responded to Iranian demands for reparations by suggesting Tehran itself must pay the U.S. compensation for the war. Oil prices moved higher on Tuesday following Trump’s comments that the U.S. now has control of the Strait of Hormuz. U.S. West Texas Intermediate futures were last seen 1.78% higher in early trade at $83.58, while Brent crude futures, the international price benchmark, rose 1.81% to $89.25 per barrel. Government bond yields finished Monday’s session higher, with both 10-year and 30-year Treasury yields up 4 basis points. As markets digest Trump’s compensation demands and the impact of the latest Middle East developments on the inflation picture and the Fed’s interest rate path, traders are also awaiting more domestic economic data releases this week.

10 Year Benchmark Technical View :

The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 6.76% to 6.7775% level on Wednesday.

SEBI Registration number is INH000000081.

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