Key Highlights: Stocks in News, Economic & Global Updates 06th November 2026 by GEPL Capital Ltd
Stocks in News
• ASHOKA BUILDCON: The company declared L-1 Bidder For Rs 866 crore NHAI Project
• GUJARAT ENERGY: The company approves Execution Of Long-Term LNG Sourcing Pacts; To Sign Long-Term LNG Sourcing Pacts For Nearly 0.8 MTPA; To Sign Regasification Pact At Mundra LNG
• GAIL: The company arm GAIL Mangalore Petrochemicals Commissions 1.25 MTPA Purified Terephthalic Acid Manufacturing Plant
• NLC INDIA: The company arm NIRL Signs PPA For 100 MW Wind Power Project With SJVN; Arm NIRL Advances Development Of 200 MW Wind Project
• TITAN: Noel Tata To Retire As Vice Chairman From Nov. 12; To Raise Funds Worth Up To Rs 2,500 crore Via NCDs
• WELSPUN ENTERPRISES: The company shareholding In NXT Infra MCP Reduced To Zero; NXT Infra MCP To Cease To Be An Associate Of The Company
• VA TECH WABAG: The company Q2 revenue grew 19.8% YoY to Rs 1,000 Cr, PAT increased 23.8% to Rs 105 Cr and EBITDA rose 38.9% to Rs 124 Cr.
• YES BANK: AT-1 bondholders have sought a repayment roadmap and a meeting with the CEO, seeking clarity following the Supreme Court verdict.
• OPTIEMUS INFRACOM: The company to Raise Funds Worth Rs 200 crore Through Equity And Other Instruments.
• ALEMBIC PHARMA: The company’s receives US FDA approval for Olopatadine Hydrochloride Ophthalmic Solution.
• GAIL: The company arm GAIL Mangalore Petrochemicals Commissions 1.25 MTPA Purified Terephthalic Acid Manufacturing Plant
• TEXMACO RAIL: The company gets the orders aggregating To Rs 429 crore.
Economic News
• Centre releases Rs 1.09 lakh crore to states five days early, UP gets biggest share: The Centre has released Rs 1.09 lakh crore to state governments as tax devolution, advancing the November instalment by five days to support capital expenditure and welfare commitments. Uttar Pradesh received the largest allocation at Rs 19,208 crore, followed by Bihar and Madhya Pradesh. November's total transfer stands at Rs 2.18 lakh crore.
Global News
• US tech stocks tumble as AI infrastructure concerns trigger a $2.5 trillion market wipeout, pushing Nasdaq into correction territory: US technology stocks witnessed a sharp selloff, with the Nasdaq Composite plunging 5.5% in its steepest single-day decline since April 2025, while the Nasdaq 100 slumped 6.4%, wiping out nearly $2.5 trillion in market value. The selloff was triggered by concerns that the Democrats' sweeping US midterm election victory could lead to greater regulatory scrutiny, local opposition and delays in AI data centre construction, particularly due to rising power and water requirements. Semiconductor and AI infrastructure stocks bore the brunt, with the Philadelphia Semiconductor Index falling 12%, Nvidia declining 9% and AMD plunging 17%, while data centre operators and neocloud companies such as Nebius and CoreWeave dropped 15% and 10%, respectively. Concerns over higher borrowing costs, funding constraints and uncertain returns on massive AI investments further intensified the selloff, pushing the Nasdaq nearly 12% below its October 6 record high and into correction territory.
Government Security Market:
* The Inter-bank call money rate traded in the range of 4.30% - 5.75% on Thursday ended at 5.20% .
* The 10 year benchmark (6.94% GS 2036) closed at 7.1710% on Thursday Vs 7.3012% on Wednesday .
Global Debt Market:
U.S. Treasury yields moved broadly lower across the curve on Thursday, as investors digested the midterm election results and looked ahead to employment data due later in the session. At 4:11 a.m. ET, the yield on the benchmark 10-year Treasury was around 3 basis points lower at 4.865%. The yield on the 2-year Treasury note was flat at 4.581%, while the 30-year Treasury yield fell 3 basis points to trade at 5.245%. Investors are still assessing the outcome of the U.S. midterm elections, which saw the Democrats win control of Congress. The so-called blue wave has raised questions around policy for the remainder of President Donald Trump’s term, with oil prices falling on expectations that Iran war escalation has become less likely. Treasury yields moved sharply lower in the wake of the result, with the 10-year yield ending the session 6 basis points lower on Wednesday. Surging oil prices have put pressure on global government bonds this year, as energy supply constraints in the Middle East raise concerns about a resurgence of inflation and a hawkish turn among central banks. Traders are also awaiting weekly jobless claims data, due to be published at 8:30 a.m. ET. October’s nonfarm payrolls report is due on Friday
10 Year Benchmark Technical View :
The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 7.14% to 7.18% level on Friday.
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