Key Highlights: Stocks in News, Economic & Global Updates 31st August 2026 by GEPL Capital Ltd
Stocks in News
• STERLITE TECHNOLOGIES: The Company signs long-term contract worth $288 million with leading hyperscaler.
• OIL INDIA: The company arm Oil Green Energy signs MoU with Haryana government for four integrated waste-to-clean-energy projects.
• SPICE JET: The company temporarily halts Boeing 737 MAX operations due to certain leasing disputes.
• CIPLA: US FDA classifies inspection as VAI for three manufacturing units in New York.
• FMCG STOCKS: FSSAI proposes red-hexagon warning labels on packaged foods.
• KRN CONSTRUCTION: The company gets LoA worth Rs 158 crore from GHMC.
• OLA ELECTRIC MOBILITY: The company Opens bookings for S1Z scooter, price starting at Rs 79,999.
• TATA CHEMICALS: The company arm TCNA signs pact with SVM for soda ash contracts worth $21.26 million.
• YATHARTH HOSPITAL: Denies reports regarding controlling stake sale; says no agreement or MoU has been entered into.
• CLEAN MAX ENVIRO: The company signs term sheet with Envision Energy to procure 1,550 MW of wind power projects.
• ASTER DM QUALITY CARE: The company approves merger of KIMSHEALTH Executive Leisure with Spiceretreat Hospitality Services, both wholly owned arms.
• PARK MEDIA WORLD: The company expand hospital network across north India and add 1,450 beds by FY28.
Economic News
• Commerce ministry meeting industry, exporters on India-US trade on September 1: India's Commerce Ministry will meet industry leaders on September 1 regarding trade performance. This meeting precedes Minister Piyush Goyal's US visit for G-20 talks. Discussions will focus on recent trade trends and sector-wise performance. Negotiations for a bilateral trade agreement are ongoing between the two nations. India seeks a comparative advantage for its exports in the US market.
Global News
• China’s factory activity improves in August, but remains in contraction amid weak domestic demand and services: China’s manufacturing activity improved in August, with the official PMI rising to 49.8 from 49.2 in July, supported by stronger output and new orders, but remained in contraction for the second consecutive month. Meanwhile, the non-manufacturing PMI stayed at 49.0, its weakest level since December 2022, highlighting persistent weakness in services, construction, domestic consumption, investment and the property sector. While exports, particularly AI-related shipments, continued to support growth, the uneven recovery and weak business confidence underscore deepening economic imbalances, with policmakers likely to rely on targeted fiscal support rather than major stimulus.
Government Security Market:
* The Inter-bank call money rate traded in the range of 4.60%- 5.25% on Friday ended at 4.80%.
* The 10 year benchmark (6.94% GS 2036) closed at 6.9108% on Friday Vs 6.8901% on Thursday .
Global Debt Market:
US Treasury yields were little changed early Friday as global investors await the highly anticipated keynote speech from Federal Reserve Chair Kevin Warsh at Jackson Hole. The 10-year Treasury note was less than 1 basis point higher, at 4.676%, at 4 a.m. ET. The 30-year Treasury bond yield was less than 1 basis point higher at 5.199%, while the yield on the 2-year Treasury note was flat at 4.229%.Warsh’s remarks will be closely monitored for any indication of his views on how monetary policy should respond to persistently above-target inflation, or the impact of rising long-term borrowing costs. The Fed chairman, who took office in May for a four-year term, has so far shared very little commentary on the state of the economy or policy outlook. Some market watchers believe he will remain light on details about the path he expects ahead and focus on broad themes.
10 Year Benchmark Technical View :
The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 6.90% to 6.92% level on Monday.
SEBI Registration number is INH000000081.
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