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Stocks in News

* WAREE ENERGIES: The company’s arm agreed to acquire 53.7 lakh shares in United Solar Holding for USD 30 million and also incorporated a wholly owned subsidiary, Hydro Bloom Energy, while clarifying that the 300 MW module supply agreement with Sembcorp Green signed on October 23 is a routine business transaction, not material for disclosure, involves no new developments, and has no regulatory or legal issues.

* KROSS: The company launched a new Tipping Jack product in the trailer segment and plans to scale production capacity to 800 units per month by FY27.

* GREAT EASTERN SHIPPING: The company signed a contract to acquire a South Korean vessel with a capacity of 84,048 CBM, which is expected to be inducted into the fleet in Q4 FY26.

* KRISHNA INSTITUTE OF MEDICAL SCIENCES: The company acquired an additional 6.94% stake in Sarvejana Healthcare for Rs.148 crore, taking its total shareholding to 75.53%.

* TAJGVK HOTEL: The board approved the divestment of Indian Hotels’ 25.52% stake in the company, to be acquired by proposed promoter Shalini Bhupal at Rs.370 per share, while Indian Hotels will continue to operate the existing hotels under the TajGVK portfolio.

* TECH MAHINDRA: The company received an order to pay Rs.1,287 crore towards employees’ provident fund dues, which it has already disclosed as a contingent liability.

* REITS: The company signed an MoU with the Botswana government for the development and modernisation of transport infrastructure, including supply of rolling stock along with commissioning and maintenance support for Botswana Railways.

* KEC INTERNATIONAL: The Delhi High Court kept Power Grid’s ban order in abeyance, allowing KEC to continue participating in ongoing bids, including Power Grid tenders, after the company was earlier barred from bidding for nine months on November 18.

Economic News

* Private capex likely to gather steam next year: Private investment is projected to surge in 2026, fueled by robust domestic consumption, reduced GST, government reforms, and favorable economic conditions like soft inflation and low interest rates. Continued government capital expenditure is expected to further stimulate private sector growth, particularly in consumerfocused segments.

Global News

* China holds LPR steady, signals delayed easing despite growth concerns: China’s steady December LPR fixings signal no urgency for fresh monetary easing, as the economy remains on track to meet Beijing’s ~5% growth target. With the one-year and five-year LPRs unchanged at 3.00% and 3.50%, respectively, policymakers appear comfortable delaying stimulus, supported by cross -cyclical policy management and squeezed bank margins. While leaders have committed to a proactive fiscal stance in 2026 to boost consumption and investment, recent data shows slowing factory output, retail sales, and household borrowing amid the ongoing property slump. Analysts still expect limited easing ahead, including a possible 10 bps policy rate cut and a 50 bps RRR cut in early 2026 to support government bond issuance.

Government Security Market:

* The Inter-bank call money rate traded in the range of 4.60%- 5.45% on Friday ended at 5.40%.

* The 10 year benchmark (6.48% GS 2035) closed at 6.6017% on Friday 6.5738% on Thursday .

Global Debt Market:

U.S. Treasury yields were higher on Friday as investors digested a tame inflation print and awaited more economic data to end the week. At 5:30 a.m. ET, the 10-year Treasury yield rose 2 basis points to 4.145%, while the 2-year Treasury yield was up 1 basis point at 3.47%. The 30-year Treasury bond yield rose 3 basis points to 4.83%. Investors are still weighing up a lighterthan-expected inflation reading from Thursday, after the consumer price index rose at a 2.7% yearly rate in November, Economists polled by Dow Jones expected CPI to have risen 3.1%. The delayed Bureau of Labor Statistics report also showed that core CPI, which excludes volatile food and energy prices, increased 2.6% yearly, and had been forecasted to increase by 3%. The downward trend in inflation gave investors some hope that the Federal Reserve will lower rates in 2026. While odds for a January rate cut remain low, traders are pricing in a 56.8% chance of a March reduction, according to the CME Group’s FedWatch tool. This was up from around 53.9% on Wednesday. Investors will now look ahead to existing home sales data for November, set to be released at 10 a.m. ET.

10 Year Benchmark Technical View :

The 10 year Benchmark (6.48% GS 2035) yield likely to move in the range of 6.59% to 6.60% level on Monday

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