News & Impact on India

1. Export Promotion (Positive): Government launched a ₹4,531 crore Market Access Support scheme (2025–31) to boost exporters’ global reach. Impact: Supports MSMEs, export diversification, and medium-term trade balance. Stocks to Watch: Dixon Tech, Amber Enterprises 2. Gig Economy & Consumption (Near-term Positive): Swiggy, Zomato, Blinkit, Instamart, and Zepto raised incentives amid strong festive demand. Impact: Signals resilient urban consumption and platform-led services growth. Stocks to Watch: Zomato, Tata Consumer 3. Small Savings Rates (Neutral): PPF and NSC rates unchanged for Q4 FY26. Impact: Stability for savers and controlled borrowing costs. Stocks to Watch: HDFC Bank, SBI 4. Fiscal Deficit & Capex (Mixed): Fiscal deficit at 62.3% of FY26 BE; capex up 28% YoY, tax collections weak. Impact: Growth supportive, but fiscal flexibility remains in focus. Stocks to Watch: L&T, IRB Infra 5. Rising Household Leverage (Medium-term Risk): Household debt rose to 41.3% of GDP, led by retail loans. Impact: Consumption strength, but higher financial vulnerability. Stocks to Watch: HDFC Bank, Bajaj Finance 6. China PMI Recovery (Indirect Positive): China manufacturing PMI returned to expansion at 50.1. Impact: Supports global growth and commodity demand. Stocks to Watch: Tata Steel, Hindalco 7. China Energy & Infra Push (Mixed): China announced large investments in power grids and renewables. Impact: Higher competition, but metals demand could rise. Stocks to Watch: JSW Energy, Power Grid 8. US Sanctions on Venezuela (Oil Risk): Fresh US sanctions may increase crude price volatility. Impact: Higher oil prices negative for India. Stocks to Watch: ONGC, BPCL 9. Strong US Labour Market (Global Headwind): Falling US jobless claims signal labour market strength. Impact: Stronger USD may pressure INR and EM flows. Stocks to Watch: