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Stocks in News

* LUPIN: The U.S. FDA completed its inspection of the Ankleshwar (India) facility from March 2–7, 2026, issuing a Form 483 with two observations at the conclusion of the inspection.

* KPI GREEN ENERGY: The company has signed a Battery Energy Storage Purchase Agreement with GUVNL for the development of 445 MW / 890 MWh standalone IPP Battery Energy Storage System (BESS) projects.

* POLY MEDICURE: The company plans to launch 5 to 6 new critical care products in FY27, double R&D spending over the next few years, and commercialize 100+ products currently under development over the next 3 to 4 years, while also targeting exports of cardio products after clinical trials and regulatory approvals.

* UNITED DRILLING: Won order from ONGC for the supply of casing pipe worth Rs 3.72 cr.

* MAX ESTATES: Launches new project in NCR which is expected to generate total sales potential of Rs 2,000 cr, along with an annuity rental income potential of Rs 120 cr.

* ACME SOLAR: The company has commissioned the first phase of its Battery Energy Storage System (BESS) project, adding 33.335 MW / 160.48 MWh capacity out of the total planned 300 MW / 1,400 MWh project.

* COROMANDEL INTERNATIONAL: The company begins trial production at new facilities in Kakinada, Andhra Pradesh; operations are being stabilised.

* RAMKRISHNA FORGINGS: The company commissions an 8,000-ton hot forging press line, raising capacity by 40,000 tonnes with an Rs 80 crore investment.

* TATA POWER: The company enters into a pact with Salesforce to accelerate India's clean energy transition.

Economic News

• Government eases approval for minor bilateral MoUs and agreements, MEA clearance suffices: New rules simplify approvals for international pacts. Agreements without financial or security risks now only need Ministry of External Affairs clearance. This change aims to cut red tape and speed up procedures. Such pacts signed during high-level visits will be exempt from prior Cabinet nod. The Ministry of External Affairs will report these to the Cabinet every six months

Global News

• Japan’s real wages rose 1.4% in January, the first increase in 13 months, strengthening the case for further rate hikes by the Bank of Japan: Japan’s real wages rose 1.4% YoY in January, marking the first increase in 13 months, supported by cooling inflation and the fastest base salary growth in 33 years. Nominal wages increased 3.0% YoY to ¥301,314, while base pay rose 3.0% (highest since 1992) and overtime pay grew 3.3%. Inflation used to calculate real wages slowed to 1.7%, helping wage growth outpace prices. The stronger wage trend supports expectations that the Bank of Japan may continue gradual interest-rate hikes after raising rates to 0.75% in December, with upcoming policy decisions likely influenced by the outcome of annual wage negotiations, where Japanese Trade Union Confederation (Rengo) is seeking an average 5.94% wage increase.

Government Security Market:

* The Inter-bank call money rate traded in the range of 4.20%- 5.25% on Friday ended at 4.70%.

* The 10 year benchmark (6.48% GS 2035) closed at 6.6898% on Friday Vs 6.6406% on Thursday .

Global Debt Market:

The 10-year Treasury yield slipped on Friday, though its loss was contained as investors assessed the likely inflation impact resulting from higher crude oil prices tied to the war in the Middle East. The benchmark 10-year Treasury yield fell less than 1 basis point to 4.138%. The 2-year Treasury yield was down more than 4 basis points at 3.554%. The spread between the 2-year and the 10-year Treasury widened to more than 58 basis points, which might reflect higher expectations of future inflation. The move higher in Treasury yields came after U.S. West Texas Intermediate topped $90 a barrel on the seventh day of the Iran war as President Donald Trump demanded an unconditional surrender from the Islamic Republic. Global oil benchmark Brent crude broke above $92 a barrel. “Obviously the higher energy price is going to push up headline CPI inflation mechanically,” Atakan Bakiskan, chief U.S. economist at Berenberg, told CNBC’s “Squawk Box Europe” on Friday. The average price for a gallon of regular gasoline in the U.S. on Thursday had jumped nearly 27 cents from the week before, to $3.25, according to data from travel organization AAA. Fixed-income investors looked past a surprise decline in February payrolls, with U.S. employers unexpectedly shedding 92,000 jobs in February and the unemployment rate rising to 4.4%. Economists polled by Dow Jones has expected the Bureau of Labor Statistics to say 50,000 jobs were added to the economy last month, and unemployment would be unchanged at 4.3%. “Today’s numbers may have put the Fed between a rock and a hard place,” wrote Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management. “

10 Year Benchmark Technical View :

The 10 year Benchmark (6.48% GS 2035) yield likely to move in the range of 6.6750% to 6.69% level on Monday.

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