Global cues are slightly weak. US markets closed a bit lower. Nothing major, but US 10Y yield has moved up to ~4.7%. More important, crude jumped to $88 after a sharp move yesterday. That’s something to watch. Asian markets are mixed. Japan and Singapore are positive, while China and Taiwan are a bit weak. Gift Nifty is flat, so no clear direction at open. Rupee: around 95.3, still on the weaker side. Stocks in focus: Positive: • BSE - getting added to Nifty 50 • Gland Pharma - strong results (~47% profit growth) • Zen Tech - ₹295 Cr defence order • Lupin - USFDA approval • BEL - ₹541 Cr order win • M&M - good production & sales numbers Weak: • Wipro - moving out of Nifty 50 • Vodafone Idea - big loss (~₹3,700 Cr) • Zee - weak profit • Inox Wind, AstraZeneca Pharma - weak numbers • Keystone Realtors - lower pre-sales Also watch: Zydus Life, MRF, RVNL, Siemens, Bata, NBCC (results today) Important: CPI inflation data tomorrow after market hours. Crude and US yields are the main pressure points for now. Market may open flat and then move based on stock-specific action.

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