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Stocks in News

* DIXON TECH: Arms Kunshan Q Tech Microelectronics (India) and Dixon Electroconnect received government approval under the electronic components manufacturing scheme to manufacture camera module sub-assemblies and optical transceiver (SFP) components, strengthening domestic electronics manufacturing capabilities.

* BANSAL WIRES: The company achieved its highest-ever quarterly sales volume in Q3 FY26 and expanded its product portfolio with the launch of lowrelaxation prestressed concrete steel strand at the Dadri plant.

* PC JEWELLER: The company reported ~37% YoY standalone revenue growth, driven by strong consumer demand during the festive and wedding season.

* BIRLA CORP: The Rajasthan government rejected the company’s bid for a limestone mining lease, citing the final price offer of 20.60% as comparatively lower than bids for similar limestone blocks in the region.

* KPI GREEN ENERGY: The company’s arm received a Letter of Intent from Gujarat Urja Vikas Nigam Limited for developing self-owned IPP standalone Battery Energy Storage System projects aggregating 445 MW / 890 MWh across multiple locations in Gujarat.

* NIBE: The company secured a Rs.293 crore order from the Ministry of Defence for manufacturing ground equipment for the Universal Rocket Launcher System.

* BIOCON: The company issued Rs.200 crore of commercial papers via private placement.

* GAIL: The company revised the completion timeline of the Kochi–Koottanad– Bengaluru–Mangaluru pipeline project from December 2025 to March 2026.

* ADANI ENTERPRISES: The company plans to raise up to Rs.1,000 crore via NCDs, including a Rs.500 crore green shoe option, with the issue opening on January 6 and closing on January 19.

Economic News

* US could raise tariffs on India if they don't help on Russian oil issue: US President Donald Trump said Washington could raise tariffs on Indian goods if New Delhi does not address US concerns over India’s purchases of Russian oil. India became the largest buyer of discounted Russian seaborne crude after the Ukraine war began in 2022, drawing criticism from Western nations that say the trade supports Moscow’s war effort.

Global News

* China Services PMI Slows, Growth Modest Despite Rising 2026 Optimism: China’s services PMI slipped to a six-month low of 52.0 in December as domestic and export demand weakened. Despite job cuts and weak pricing power amid rising costs, business confidence improved on expectations of better conditions in 2026, even as property stress and deflation continue to weigh on the economy.

* Venezuela Turmoil Lifts Oil Prices as US Signals Political Transition, Keeps Sanctions: Venezuelan President Nicolas Maduro was taken to the US following airstrikes in Caracas, while President Trump confirmed that sanctions on Venezuela’s oil sector will remain even as US oil companies participate in rebuilding infrastructure and restoring output. The US said it will work with Vice President Delcy Rodríguez toward a transition to a democratically elected government, as geopolitical tensions briefly lifted US crude prices by nearly $2 in weekend trading.

Government Security Market:

* The Inter-bank call money rate traded in the range of 4.60%- 5.50% on Friday ended at 5.39%.

* The 10 year benchmark (6.48% GS 2035) closed at 6.6062% on Friday vs 6.5818% on Thursday.

Global Debt Market:

Bond markets were closed on Thursday for New Year’s Day. Investors are keeping a close eye on the path of U.S. monetary policy in the new year. The last FOMC meeting was divisive and concluded with a close call to lower interest rates by a quarter-percentage point. It was, however, only approved by a 9-3 vote – the most dissents since 2019. The next decision will be made on January 28. Fed minutes released Tuesday showed officials were mostly confident that economic growth would continue at a “moderate” pace, however they also warned of a downside risk to employment and upside risk to inflation. Data on the Fed’s balance sheet will be released Friday afternoon, as will the final reading on the S&P Global Manufacturing PMI after a flash reading showed it fell to 51.8 in December, down from 52.2 in the previous period.

10 Year Benchmark Technical View :

The 10 year Benchmark (6.48% GS 2035) yield likely to move in the range of 6.5925% to 6.61% level on Monday.

SEBI Registration number is INH000000081.

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