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Stocks in News

* GREAT EASTERN SHIPPING: The company delivered its new tanker ‘Jag Pooja’, taking its fleet to 40 vessels. It also signed a deal to sell a Suezmax crude tanker and acquire a second-hand Ultramax dry bulk carrier.

* IRB INFRA: The company plans to shift NHAI’s Vadodara–Mumbai Expressway project from its subsidiary to IRB InvIT.

* VIP INDUSTRIES: The company has signed an agreement to sell its Mumbai property ‘VIP House’ to Kemp & Company for Rs.40.7 crore.

* RELIANCE COMMUNICATIONS: The company and its subsidiary have received notices from the Serious Fraud Investigation Office (SFIO), which will probe their affairs.

* TCS: The company has partnered with TPG Terabyte Bidco to invest up to Rs.18,000 crore in Hypervault, aiming to jointly build AI data centers and supporting infrastructure.

* SANDUR MANGANESE: The company has received NCLT approval for the merger of Euro Industrial Enterprises, Sandur Sales, and Sandur Udyog into Lohagiri Industrials.

* BHARAT RASAYAN: The company has set December 12 as the record date for its 1:2 stock split and 1:1 bonus issue.

* HG INFRA ENGINEERING: The company has set up a wholly owned subsidiary, HG Clean Energy Solutions, to pursue opportunities in solar, green hydrogen, and battery storage.

* JANA SMALL FINANCE BANK: The company has received RBI approval to appoint Chitra Talwar as part-time chairperson from February 8, 2026, replacing R. Ramaseshan.

Economic News

* India Delivers Record-Breaking Export Performance in H1 FY26 Despite Global Challenges: India’s export sector has showcased remarkable resilience in 2025–26, achieving its highest-ever quarterly exports in both Q1 and Q2 despite global headwinds such as geopolitical tensions and weak demand. Overall exports reached USD 209.0 billion in Q1 and USD 209.9 billion in Q2— both record highs—driven by stronger smartphone shipments, improved agricultural exports, and robust services growth. With total exports rising 5.86% YoY to USD 418.9 billion in H1, this marks the best first-half performance in any financial year and highlights the impact of logistics upgrades, port capacity expansion, supply-chain modernization, and targeted incentives, reinforcing India’s growing global competitiveness amid a challenging trade environment.

Global News

* U.S. Freight and Imports Slide Sharply Under Tariff Pressure: President Donald Trump’s tariffs are dragging down U.S. logistics, with major ports reporting sharp import declines and freight volumes weakening across the supply chain. October 2025 saw van, flatbed, and refrigerated truckload rates fall both monthly and annually as shippers relied on earlier stockpiled inventories, erasing the usual holiday peak. Imports dropped by $18.4 billion in August, driving a 23% reduction in the trade deficit, while ports in Long Beach and Los Angeles recorded broad declines in China-linked container traffic. Weakness in housing, manufacturing, and energy, along with tariff-driven frontloading earlier in the year, has further depressed freight movement. With forecasts pointing to a 16.6% YoY plunge in December imports and no recovery expected soon, industry leaders warn that U.S. consumer spending over the next two months will determine the depth of the slowdown.

Government Security Market:

* The Inter-bank call money rate traded in the range of 4.75%- 5.50% on Thursday ended at 5.00%.

* The 10 year benchmark (6.48% GS 2035) closed at 6.4870% on Thursday Vs 6.4884% on Wednesday .

Global Debt Market:

European markets were higher on Thursday as investors react to strong earnings by artificial intelligence darling Nvidia. The pan-European Stoxx 600 was up 0.9% by 10:40 a.m. in London (5:40 a.m. ET), with most bourses and sectors in positive territory. AI-related stocks are amongst those making gains, with Dutch semiconductor firms BESI and ASMI up 1.6% and 1.7%, respectively. Fellow Dutch firm ASML, which makes critical equipment for semiconductors, moved 1.9% higher. Nvidia posted third-quarter results after the bell on Wednesday, topping forecasts for revenue and its fourth-quarter sales guidance. The chipmaker saw revenue jump 62% to $57.01 billion year-on-year and said it expects revenue of $65 billion in the fourth quarter. “There’s been a lot of talk about an AI bubble,” Nvidia CEO Jensen Huang told investors on an earnings call. “From our vantage point, we see something very different.” In Asia, chip stocks rallied in early trading Thursday, with Samsung Electronics and Hon Hai Precision Industry, also known as Foxconn, climbing the region’s indexes. Stock futures Stateside were also higher Wednesday night, as Nvidia’s results gave a boost to the broader market. Ben Barringer, global head of technology research and investment strategist at Quilter Cheviot, told CNBC’s “Europe Early Edition” that Nvidia had brought relief in two-parts: it beat gross margins, which is important for semiconductor stocks, but the firm also addressed market concerns head-on in its earnings call.

10 Year Benchmark Technical View :

The 10 year Benchmark (6.48% GS 2035) yield likely to move in the range of 6.4850% to 6.4975% level on Friday.

SEBI Registration number is INH000000081.

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