Key Highlights: Stocks in News, Economic & Global Updates 12th November 2026 by GEPL Capital Ltd
Stocks in News
• ALIVUS LIFE: The company signs a shareholders’ agreement to acquire a 76% stake in IQGEN-X Pharma, making it a subsidiary.
• VINTAGE COFFEE: The Board approves allotment of 39 lakh warrants to the promoter group at Rs 164 per warrant.
• SANDUR MANGANESE AND IRON: The company gets EC by Environment Ministry to enhance production of iron ore RoM capacity from 7.85 MTPA to 9.42 MTPA • JEENA SIKHO LIFE: The company launches 10 products in Ayurvedic healthcare and wellness segment.
• TATA POWER: The company Board approves Rs 11,871 crore investment in an additional 1,800 MW pumped storage project and appoints Sanjay Banga as CEO-designate, with a five-year term as MD & CEO effective May 1, 2027.
• TIME TECHNOPLAST: The company gets Rs 38 crore order for supply of composite LPG cylinders.
• AUROBINDO PHARMA: US FDA classifies the Seymour facility as Official Action Indicated (OAI) following an August 17–21 inspection that resulted in four observations.
• TVS MOTOR: The Company has launched TVS Callisto 110 in Istanbul in partnership with Ugur Motorlu Araclar.
• HIND COPPER: Net profit at Rs 520 crore vs Rs 353 crore. Revenue at Rs 1,175 crore vs Rs 937 crore QoQ
• PREMIER ENERGIES: The company reported Rs 16,260 crores order book; 7 GW TOPCon cell line commissioned.
• BAJAJ FINANCE: The Company opens QIP issue with a floor price of Rs 992.25 per share, with an option to offer up to a 5% discount.
• DCX SYSTEMS: reported a 27.5% YoY decline in Q2 revenue to Rs 140 Cr, while EBITDA loss narrowed to rs 1.1 Cr from Rs 12.5 Cr and net loss reduced to Rs 0.3 Cr from Rs 9 Cr.
Economic News
• Centre bans export of Li-ion battery waste, scrap to boost domestic recycling and critical mineral recovery: India has imposed an immediate ban on the export of lithium-ion battery black mass to strengthen its local recycling ecosystem. This decision aims to enhance domestic recovery of critical minerals, such as lithium and cobalt, which are vital for technology and energy sectors. The prohibition will ensure that battery waste generated in India is processed locally and improves utilization of recycling capacities.
Global News
• Dollar Hits One-Month High on Hawkish Fed Bets; Yen Nears 160 per Dollar: The US dollar strengthened to a one-month high, with the dollar index rising 0.63% to 102.85, as stronger-than-expected October inflation and hawkish comments from Fed officials increased expectations of further monetary tightening, including a possible 50 bps rate hike. Major brokerages, including Goldman Sachs, now expect another rate hike in December and an additional increase in early 2027. Meanwhile, the Japanese yen weakened toward the psychologically important 160-per-dollar mark, trading at 159.58, as widening US-Japan interest rate differentials supported dollar demand, despite expectations of a possible Bank of Japan rate hike in December.
Government Security Market:
* The Inter-bank call money rate traded in the range of 4.30% - 5.70% on Wednesday ended at 5.10% .
* The 10 year benchmark (6.94% GS 2036) closed at 7.2139% on Wednesday Vs 7.1529% on Monday .
Global Debt Market:
U.S. October CPI rose 0.4% month-over-month and core CPI rose 0.3%, both above market expectations. Fed Governor Christopher Waller, speaking before the data was released, voiced support for a quarter-point rate hike in December and said that with core CPI running at 0.3% or above, policymakers should consider a half-point hike. The U.S. 10-year Treasury yield briefly broke above 5% intraday on the 10th before falling back to around 4.99%, while the 2-year yield jumped more than 0.18 percentage point in a single day. A $42 billion auction of 10-year notes the same day drew a high yield of 5.02%, reflecting weak demand. Markets priced an 86% chance of a quarter-point December hike and a 14% chance of a halfpoint move. The German 10-year yield rose to 3.307%, and major U.S. stock indexes closed lower across the board. U.S. inflation data for October came in above expectations, and with Federal Reserve Governor Christopher Waller sending a hawkish signal, Treasury yields rose across the curve on the 10th. The benchmark 10-year yield briefly broke through the 5% threshold intraday before falling back to around 4.99% in late trading, touching that level again for the first time since September. It is worth noting that the 10-year Treasury yield briefly touched 5% back in September and has since largely fluctuated around that level. The renewed approach to the threshold means the high-end range for long-term rates has not loosened. Market participants believe that until inflation data show a clear cooling, the bond market's hopes for a Fed policy pivot are unlikely to gain traction.
10 Year Benchmark Technical View :
The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 7.19% to 7.22% level on Thursday.
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