Key Highlights: Stocks in News, Economic & Global Updates 10th September 2026 by GEPL Capital Ltd
Stocks in News
* SEAMEC: ONGC vessel Samudra Sevak arrives in Mumbai after completion of emergency dry docking. Vessel SEAMEC Agastya off-hired from Sept. 8, 2026 due to technical reasons.
* GUJARAT AMBUJA EXPORTS: To set up 850 TPD greenfield corn wet milling unit for Rs 333 crore in Hubli. Hubli unit manufacturing capacity to increase to 1,600 TPD from 750 TPD. To increase corn wet milling capacity to 9,000 TPD by 2030.
* NATCO PHARMA: Files draft letter of offer for proposed rights issue of equity shares. Proposed rights issue size up to Rs 1,300 crore.
* GUJARAT GAS: Morbi region gas volumes fall to 0.8 mmscmd, owing to a price gap of more than Rs 20 between gas and propane. Gas volumes in Morbi stood at 5.67 mmscmd in Q1FY27. Source: Dealer check.
* DILIP BUILDCON: The company received Rs 1,800 crore order from Petroleum and Natural Gas Regulatory Board to lay LPG pipeline. Execution period is three years and operation period is 25 years.
* NESCO: The company receives penalty of Rs 2.10 crore from National Highways Logistics Management Limited for delay in project implementation timelines.
* ENVIRO INFRA ENGINEERS: The company Suyog Urja received a Rs224.19 crore LOI from Tata Power Renewable Energy for EPC works of NTPC’s 180 MW wind project in Parli, Maharashtra, to be completed by March 2027.
* AU SMALL FINANCE BANK: RBI approves ICICI Prudential Asset Management Company to acquire aggregate holding of up to 9.95% in the bank.
* IRB INFRASTRUCTURE DEVELOPER: August toll revenue rose ~25% YoY to Rs807 crore from Rs646 crore, driven by traffic growth and FY
Economic News
* CPSE capex rises 23.5% YoY to Rs3.36 lakh crore in Apr–Aug FY27, reaching 40% of the annual target, led by Railways and NHAI: Central Public Sector Enterprises (CPSEs) and major government agencies, including the Railway Board and NHAI, achieved aggregate capex of Rs3.36 lakh crore during April–August FY27, reaching 40% of their annual target of Rs8.43 lakh crore and 23.5% higher than Rs2.72 lakh crore in the same period last year. Capex growth moderated to 5% YoY in August from 35.2% in July due to monsoon disruptions, while the Railway Board and NHAI remain the largest investors, with combined FY27 capex estimated at Rs4.52 lakh crore, accounting for 54% of the total CPSE and agency target.
Global News
* Brent nears $100 as Middle East tensions fuel inflation fears and weigh on Asian markets: Brent crude surged towards $100/bbl as escalating Middle East tensions pushed oil prices higher for a fourth straight session, intensifying inflation concerns ahead of U.S. CPI data. Asian markets remained mixed, with Hong Kong and Australia lower, while Japan, South Korea and Taiwan gained on a rebound in chip and AI stocks. The yen strengthened towards a seven-month high on expectations of faster BOJ tightening, while the euro edged higher ahead of the ECB’s expected rate hike. Meanwhile, higher oil prices and renewed central-bank tightening bets kept global equities and bond yields under pressure, with gold rising 0.3% to around $4,368/ oz and Bitcoin near $78,681.
Government Security Market
* The Inter-bank call money rate traded in the range of 4.40%- 5.18% on Wednesday ended at 4.55%.
* The 10 year benchmark (6.94% GS 2036) closed at 6.9568% on Wednesday Vs 6.9431% on Tuesday
Global Debt Market:
he yield on the U.S. 2-year Treasury note added 2 basis points early Wednesday, as oil prices hovered above the $100 mark and inflation fears continued to mount. The 2-year note typically more sensitive to near-term policy expectations was trading at 4.413% shortly after 5:30 a.m. ET. The yield on the benchmark 10-year Treasury note was unchanged, while longer-dated 20- and 30-year Treasury yields were marginally lower. Wednesday morning saw international benchmark Brent crude futures rise above the $100-per-barrel mark for the first time since late July. U.S. West Texas Intermediate futures also extended gains on Wednesday, adding more than 2% to trade at around $95 a barrel. The ongoing rally comes amid escalating tensions in the Middle East, with conflict continuing between the U.S. and Iran. Tehran said Wednesday its forces had struck two American vessels and eight oil tankers in the Gulf in retaliation for the U.S. destroying five Iranian crude oil tankers. “Rates and FX markets are facing an ever more complex environment, with the risks of high energy prices spilling over more broadly in inflation terms, but in turn also increasing the risks of growing headwinds to growth, and demand destruction,” Marc Ostwald chief economist and global strategist at London’s ADM Investor Services, said in a Wednesday note. Investors are awaiting a series of economic data prints this week for clues on how the U.S. economy is holding up as the war and energy supply constraints drag on. Wednesday will see the release of ADP employment data, while PPI data is due Thursday and August U.S. inflation data will be released on Friday.
10 Year Benchmark Technical View :
The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 6.9450% to 6.9650% level on Thursday.
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