Key Highlights: Stocks in News, Economic & Global Updates 4th September 2026 by GEPL Capital Ltd
Stocks in News
• RVNL: The company Emerged as the lowest bidder (L1) for a Rs. 404.88 crore East Coast Railway project involving third-line works, bridges, track linking and allied infrastructure, with a 30-month execution period
• GREAT ESTERN SHIPPING: Commencement date of buyback of equity shares of up to Rs. 900 crore at a maximum price of Rs. 1,530 per share will commence on September 4, 2026 through the open-market route.
• RBL BANL: The company received a notice proposing GST demand of Rs. 164.14 crore, including interest and penalty, for FY2022-23 over a mismatch in input tax credit (ITC) reported for its bullion business.
• WEWORK INDIA: The company to develop 10 MWp solar power plant in Karnataka, accelerating its goal to transition to 100% renewable electricity
• HAL: GE Aerospace shipped three F404-IN20 engines to HAL in Aug. 2026 for the indigenous fighter jet programme, supporting aircraft production.
• DIMOND POWER INFRASTRUCTURE: The company received Rs 76.1 crore order (including GST) for supply of 66 kV EHV underground power cables for a transmission project in Gujarat; order covers ~293 km of cables.
• IRFC: JCR upgraded IRFC's long-term issuer credit rating to ‘A-' with Stable outlook from ‘BBB+' with Stable outlook.
• ULTRTECH: The compay Launches Ultravolt wires & cables business with Rs. 1,800 crore investment.
• MAX HEALTHCARE: The company to infuse Rs 87.87 crore into Kalinga Hospital via rights issue.
• ADANI ENERGY SOLUTION: GQG Partners and its associated funds sold 19.97 million shares (1.63%) through open-market transactions, reducing their aggregate holding from 5.09% to 3.46%.
• RAMCO SYSTEM: Signs MoU with Safran Helicopter Engines for engine-data integration.
Economic News
• Finance Minister pitches India's reform-led growth story to US Investors: India remains the world's fastest-growing major economy, achieving 7.8% growth in Q1 FY27. The finance minister highlighted government focus on capital assets and MSME credit availability. Reforms like the Insolvency and Bankruptcy Code ensure regulatory certainty for businesses. India's investment climate has improved significantly, attracting greater investor interest. These efforts align with the national vision for Viksit Bharat 2047.
Global News
• Asian markets rally as dovish Fed signals ease rate-hike fears ahead of key U.S. jobs data: Asian markets advanced on Friday, tracking Wall Street gains after Federal Reserve Governor Christopher Waller's dovish comments eased fears of an immediate U.S. rate hike and weakened the dollar, while investors awaited the crucial U.S. August payrolls report. Japan's Nikkei rose 0.8%, China's CSI300 gained 1% and South Korea's KOSPI added 1.1%, while the yen strengthened 2.6% this week on rising expectations of a Bank of Japan rate hike. U.S. Treasury yields eased after Waller signaled rates could remain unchanged if inflation continues to cool, although longer-term yields remained elevated amid inflation and geopolitical concerns. Meanwhile, Brent crude hovered near six-week highs at around $95.5 per barrel, gold held near $4,470 an ounce, and the dollar headed for a weekly decline.
Government Security Market
* The Inter-bank call money rate traded in the range of 5.10%- 4.40% on Wednesday ended at 4.40%.
* The 10 year benchmark (6.94% GS 2036) closed at 6.9446% on Thursday Vs 6.9754% on Wednesday.
Global Debt Market:
Treasury yields moved lower across the curve on Thursday, as traders look ahead to key services and jobs data for more insights into the domestic economic picture following a sharp sell-off in global bond markets. The 10-year Treasury note yield, the main benchmark for mortgages, auto loans and credit card debt, fell more than 2 basis points to 4.7680%. The longer-dated 30-year Treasury yield, which is typically sensitive to geopolitical events, dropped 2 basis points to 5.2433%.The shorter 2-year Treasury note yield, which tends to react in line with short-term Federal Reserve interest rate decisions, was more than 2 basis points lower at 4.3609%.One basis point equals 0.01%, or 1/100th of1%.Yields and prices move inversely to one another. Thursday’s pull-back comes after the benchmark 10-year Treasury note yield touched a multi-year high during Wednesday’s session as inflation and debt concerns continue to weigh on markets. Investors are now gearing up for Friday’s nonfarm payrolls data and the unemployment rate for August, which is forecast to show an increase of 58,000 jobs and unemployment holding steady at 4.1%.
10 Year Benchmark Technical View :
The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 6.95% to 6.97% level on Thursday.
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