Key Highlights: Stocks in News, Economic & Global Updates 03rd November 2026 by GEPL Capital Ltd
Stocks in News
• NBCC INDIA: The company secured two orders worth Rs 71 Cr from OIL and HAL, signed an MoU with the Bihar government for four projects worth Rs 2,000 Cr, while Bihar redevelopment projects are expected to generate proceeds of Rs 5,152 Cr.
• ONE POINT ONE SOLUTIONS: The company’s subsidiary, One Point One Technology Labs, allotted 1.6 Cr shares through a rights issue, maintaining the company’s stake at 62.5%.
• GRSE: The company signed a Rs. 32,000 Cr contract with the Indian Navy to construct five next-generation corvettes.
• NELCAST: The company plans to expand its Ponneri plant capacity to 60,000 TPA from 40,000 TPA, effective January 2027.
• DCW: The company will commence a Rs 40 crore share buyback at Rs 58 per share on November 3, 2026, running until February 8, 2027.
• SAMVARDHANA MOTHERSON: Motherson Group signed an agreement with NTU Singapore to advance magnetic curing technology for manufacturing applications.
• LUPIN: The company received US FDA approval for Amifampridine tablets.
• ACME SOLAR: The company commissioned 66.68 MW of the solar component in its Bikaner hybrid power project, taking subsidiary ACME Renewtech’s commissioned capacity to 200.04 MW out of the total 300 MW.
• SUN PHARMA: The company clarified that developments concerning its eyecare drug plant occurred in August 2026 and were assessed at the time but did not warrant disclosure.
• NMDC: The company’s total production increased 18% YoY to 5.04 MT, while total sales declined 11.6% YoY to 3.44 MT.
• ASHINA HOUSING: The company booked 1.23 lakh sq. ft. of area, with a total booking value of Rs 107.2 crore.
Economic News
• We will consider the call for review of LTCG tax say Finance minister Nirmala Sitharaman: The circumstances have changed and, therefore, the voices of concern are louder,'' she said at a media event, in reference to reports that her administration has received suggestions to review levies on long-term capital gains (LTCG) for overseas investors. "I quite appreciate that. So, I'll consider all this... Our growth is very important, where people are putting their very best, we are able to see sustained 7(%)-plus growth.
Global News
• Crude rises 0.5% on renewed US-Iran tensions and supply disruption fears: Oil prices rose 0.5% in early Asian trade, with Brent crude futures gaining 48 cents to $105.25/bbl and US WTI rising 47 cents to $96.93/bbl, following reports of US strikes on Iran’s Qeshm Island, raising concerns over a renewed escalation in the eight-month conflict and prolonged disruptions to Middle East oil supplies. The strikes reportedly aimed to prevent Iran from targeting commercial vessels in the Strait of Hormuz, which previously handled nearly 20% of global crude oil and natural gas supplies. Meanwhile, diplomatic efforts between Washington and Tehran continue through Qatari mediation, with both sides indicating the possibility of a negotiated settlement, although no breakthrough has been achieved.
Government Security Market:
* The Inter-bank call money rate traded in the range of 4.85% - 6.05% on Monday ended at 5.20% .
* The 10 year benchmark (6.94% GS 2036) closed at 7.3154% on Monday Vs 7.4139% on Friday .
Global Debt Market:
U.S. Treasury yields were mixed early Monday as investors gear up for another busy week of economic data and corporate earnings, as well as the midterm elections. The 10-year Treasury was down by 1 basis point in early trade, last seen at 4.914%. The 30-year Treasury yield eased by around 2 basis points, to 5.284%, while the 2-year Treasury yield rose by 1 basis point to 4.589%. Traders were monitoring a sharp decline in oil prices on Monday, after Secretary of State Marco Rubio said that President Donald Trump would like to resolve the Iranian war “diplomatically.” This year has seen a strong correlation between upward moves in oil and bond yields, a trend which fell away in October as attention appeared to move to AI and Big Tech. Treasury’s were boosted on Friday by a massive sell-off in equities, led by technology stocks, that led investors to seek safe havens. The health of the tech sector will remain in focus with earnings out from Apple and Qualcomm ahead. It is a busy week ahead for employment market data, with JOLTS job openings for September on Tuesday, ADP employment figures on Wednesday, productivity and jobless claims on Thursday and October nonfarm payrolls on Friday. Wednesday will see the U.S. Treasury set out its planned auction sizes for notes and bonds. All eyes will also be on the results of Tuesday’s midterm elections and what it will mean for Congress’s spending plans and priorities.
10 Year Benchmark Technical View :
The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 7.40% to 7.42% level on Tuesday
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