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Government Security Market:

* The Inter-bank call money rate traded in the range of 4.60%- 5.40% on Friday ended at 4.90%.

* The 10 year benchmark (6.94% GS 2036) closed at 6.7139% on Friday Vs at 6.7517% on Thursday .

Global Debt Market:

US Treasury yields were little changed Friday as investors monitored the latest developments in the Middle East, after a U.S. official said it would continue to hold “technical talks” with Iran despite a flare-up in hostilities. The 10-year Treasury yield the main benchmark for mortgages, auto loans and credit card debt was relatively flat at 4.533%. The yield on the 2-year Treasury note, which typically moves in line with short-term Federal Reserve interest rate decisions, also held firm at 4.168%. The longer-dated 30-year Treasury yield was seen holding steady at 5.052%. With no major economic data releases expected Friday, traders continue to watch events in the Middle East closely, as renewed missile strikes between the U.S. and Iran this week further strained the already-fragile ceasefire agreement. Oil prices eased further during early trading after a U.S. official said Washington remains committed to finding a solution to the conflict, according to an MS Now report. West Texas Intermediate futures were last seen 0.29% lower at $71.87 per barrel. Brent crude the global oil price benchmark slipped 0.25% at $76.11. Treasury yields which spiked earlier in the week after Trump told the NATO summit in Ankara, Turkey that the ceasefire is “over” edged lower on Thursday.

10 Year Benchmark Technical View :

The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 6.70 to 6.73% level on Monday

Stocks in News

• NUVOCO VISTAS: The company's arm commissions 2 MMTPA cement grinding capacity at Surat. Consolidated cement capacity is expected to reach 35 MMTPA by FY28.

• LUX INDUSTRIES: The company plans to invest Rs. 600 crore in a manufacturing facility in West Bengal for capacity expansion.

• GOODLUCK INDIA: The company approves a 2:1 bonus issue and will provide a corporate guarantee worth Rs. 275 crore.

• NMDC: Increased iron ore prices effective July 10, 2026, with Baila Lump (65.5%, 10-40 mm) priced at Rs 5,450 per tonne and Baila Fines (64%, -10 mm) priced at Rs 4,700 per tonne.

• KEYSTONE REALTY: Q1 FY27 pre-sales Down 42% YoY at Rs. 617 crore; collections Up 4% YoY at Rs. 599 crore. Added two projects with estimated GDV of Rs. 713 crore and completed one project.

• PRECISION WIRES: Received factory licence from the Director Industrial Safety and Health, Gujarat for its manufacturing unit at Zaroli, Valsad

• INTERGLOBE AVATION: Received a warning letter from DGCA relating to a cargo spillage incident reported in Jan. 2026

• LEMON TREE HOTEL: Terminated the hotel operating and licence agreements for “Lemon Tree Hotel, Hubli” due to a material breach of the hotel operating agreement by the owner;

• NTPC: The company approves investment of Rs. 20,457 crore in the Lara Super Thermal Power Project.

• MAZAGON DOCK SHIPBUILDERS: INS Mahendragiri, the stealth frigate built by the company, is commissioned into the Indian Navy.

• SEAMEC: Vessel Samudra Prabha is hired following completion of DG Shipping inspection.

Economic News

• India's Forex Reserves Rebound by $7.26 Billion to $674.19 Billion, Driven by Higher FX Assets and Gold: India's forex reserves rose by $7.26 billion to $674.19 billion in the week ended July 3, reversing the previous week's $5.65 billion decline, according to RBI data. The increase was led by a $4.51 billion rise in foreign currency assets to $545.58 billion and a $2.67 billion jump in gold reserves to $105.21 billion, while SDRs and the IMF reserve position also edged higher. Despite the recovery, reserves remain below the record high of $728.49 billion reached in late February, after RBI interventions to support the rupee amid Middle East-related market volatility

Global News

• Supply Risks Lift Oil Despite Inflation-Driven Demand Concerns: Oil prices edged lower on Friday but remained on course for a strong weekly gain, with Brent up around 6% and WTI about 5%, as renewed military strikes between the U.S. and Iran kept geopolitical tensions and supply disruption fears elevated. The conflict has delayed the full reopening of the Strait of Hormuz, a key route for nearly 20% of global oil and gas shipments, supporting crude prices. However, gains were capped by concerns that rising inflation could weaken global fuel demand, alongside strong U.S. labor market data and higher producer inflation in China. Market sentiment also found some relief after the U.S. avoided targeting Iran's energy infrastructure and President Donald Trump indicated that a return to a full-scale conflict is unlikely.

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