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Stocks in News

* SIS: The company is acquiring A P Securitas by purchasing a 51% stake for Rs 73.40 crore, with plans to acquire the remaining shares by 2029 for full ownership.

* ADANI POWER: The company, in partnership with Druk Green Power, has signed an agreement to develop a 570 MW hydroelectric project at Wangchhu in Bhutan.

* SUNTECH: The Board has approved a preferential allotment of 1.17 crore warrants at Rs 425 each, raising about Rs 500 crore, to be issued to both promoters and non-promoters.

* DR REDDY LAB: The US FDA inspected the company’s API facility in Mirfield, UK, and issued a Form 483 with seven observations.

* AGIES LOGISTICS: The company has commissioned 61,000 kilolitres of new storage capacity on Sept. 6, with an investment of Rs 99.88 crore.

* IMAGICAAWORLD ENTERTAINMENT: The company has acquired a 6.65 MW solar power plant in Mandrup, Solapur, Maharashtra, from Giriraj Enterprises for Rs 16 crore in cash.

* SHREE DIGVIJAY CEMENT: The company signed a supply and distributorship deal with Hi-Bond Cement, while promoter True North will sell its 50.1% stake to IRF Entities, and the company has launched a mandatory open offer to acquire up to 3.85 crore shares at Rs 92.20 each.

* LUPIN: The US FDA conducted a Pre-Approval Inspection at the company’s Chhatrapati Sambhajinagar facility, concluding with two observations that the company will address within the stipulated timeframe.

* TATA MOTORS: The company has launched limited edition variants and premium upgrades of its TVS Apache model.

Economic News

* India plans to put large infra projects in fast lane: India is accelerating its infrastructure development with a focus on mega-projects like bullet trains, shipbuilding yards, and access-controlled highways, aligning with the Viksit Bharat 2047 vision. The government aims to boost economic growth through infrastructure creation, encouraging public-private partnerships to moderate spending. Ministries are directed to expedite project approvals, with a highlevel committee reevaluating goals for faster clearances.

Global News

* Japan’s Q2 GDP revised to 2.2% on stronger consumption, but trade and political risks loom: Japan’s economy grew faster than expected in Q2, supported by stronger private consumption and inventory gains, offering some relief to policymakers amid trade and political uncertainty. Revised data showed GDP expanded at an annualised 2.2% (vs. 1.0% earlier estimate and 2.2% forecast), while quarter-on-quarter growth stood at 0.5% (vs. 0.3% initial). Upward revisions came from spending in restaurants, games, and corporate activity. Private consumption rose 0.4% (vs. 0.2% earlier), though economists caution U.S. tariffs may weaken exports in the coming quarter, limiting momentum. Capital expenditure increased 0.6%, lower than the earlier 1.3% estimate, while external demand contributed 0.3 percentage points and domestic demand added 0.2 points, reversing a prior drag. Analysts expect consumer spending alone may not offset export declines, while political instability following PM Shigeru Ishiba’s resignation and U.S. trade tensions could delay any Bank of Japan rate hikes. Focus now shifts to July–September GDP to assess tariff impact, though the recently formalised U.S.–Japan trade deal on auto and other imports offers some relief.

Government Security Market:

* The Inter-bank call money rate traded in the range of 4.90%- 5.00% on Friday ended at 5.00% .

* The 10 year benchmark (6.33% GS 2035) closed at 6.4651% on Friday Vs 6.4934% on Thursday .

Global Debt Market:

U.S. Treasury yields were lower on Friday as investors prepared for a key jobs report and monitored the state of the U.S. economy. At 5:43 a.m. ET, the benchmark 10-year Treasury yield was down over one basis point to 4.158%, while the 2- year Treasury yield was lower by less than one basis point at 3.587%. The 30-year Treasury rate fell more than 2 basis points to 4.852%. The Labor Department’s nonfarm payrolls report is set to be released on Friday morning, and economists polled by Dow Jones expect nonfarm payrolls to have increased by 75,000 in August. This is after the ADP private payrolls data came in weaker-than-expected on Thursday, with private payrolls rising by just 54,000 in August below the forecast of 75,000 from economists polled by Dow Jones and marking a slowdown from the 106,000 gain in the prior month. Investors are anticipating that the nonfarm payrolls report will push the Federal Reserve to go ahead with an expected interest rate cut at its September policy meeting. Traders are currently pricing in a 99% chance of an trim as a result of the central bank’s Sept.17 deliberations, according to the CME Group’s FedWatch tool. “Tomorrow’s jobs report will be the deciding factor, but so far this week the data is confirming a slowdown in the labor market,” Chris Larkin, managing director of trading and investing at E-Trade from Morgan Stanley said. “In the short-term, markets may embrace that data because it should increase the odds of Fed rate cuts. But if the numbers deteriorate too much, it could raise concerns about the health of the economy.” Investors will then look to key economic data out next week, including core inflation data and the producer price index report.

10 Year Benchmark Technical View :

The 10 year Benchmark (6.33% GS 2035) yield likely to move in the range of 6.45% to 6.47% level on Tuesday.

SEBI Registration number is INH000000081.

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