Key Highlights: Stocks in News, Economic & Global Updates 19th August 2026 by GEPL Capital Ltd
Stocks in News
• PRISM JOHNSON: The company won a 1,28,000 TPA coal linkage from ECL and SECL, worth approximately Rs 70.49 crore annually for 10 years.
• HLE GLASCOAT: A further €100,000 investment in its wholly owned Luxembourg subsidiary HLE International S.a.r.l., adding to the subsidiary's share capital.
• BALMER LAWRIE & COMPANY: The company received a Rs 18.28 crore GST demand (Rs 8.81 crore tax, Rs 8.59 crore interest, Rs 0.88 crore penalty) for FY21.
• BHARAT PETROLEUM CORPORATION: Board approved fundraising of up to Rs 5,000 crore through the issuance of secured/unsecured redeemable Non-Convertible Debentures in up to 10 tranches within one year.
• GLOBUS SPRITIS LIMITED: The company received complete relief in appeals for AY 2014-15, 2015-16 and 2016-17, covering total additions of Rs 6.35 crore; the appeal for the remaining period is still ongoing.
• EICHER MOTORS: Royal Enfield launched the Classic 350 Gorkha Edition in India at Rs 2,10,684 ex-showroom, with bookings opening immediately; it also introduced a Gorkha-inspired apparel collection. .
• H.G. INFRA ENGINEERING: The company received LOI for construction of two AIS substations and associated lines in Uttar Pradesh.
• EMS: Emerged as H-1 bidder for two NHAI toll collection contracts at Rangamati Fee Plaza (Rs 22.31 crore) and Bartana Fee Plaza (Rs 19.91 crore), with a combined contract value of about Rs 42.22 crore for a 1-year period.
• RAILTEL CORPORATION: The company received an EPFO work order worth Rs 166.8 crore for a 1-year extension of Infrastructure-as-a-Service (IaaS) services, to be executed till Feb. 9, 2027.
Economic News
• El Nino impact on kharif production unlikely to be significant, says Union Agriculture Minister Shivraj Singh Chouhan: Union Agriculture Minister Shivraj Singh Chouhan stated El Nino's impact on kharif production is unlikely to be significant. Rainfall has been adequate for crops across most of the country this year. The shortfall in kharif sowing has narrowed considerably and is expected to reduce further. Deficient rainfall in some regions will not affect overall kharif output at this stage. The government is also preparing new Seeds and Pesticides Management Bills.
Global News
• Dollar hovers near multi-month lows as easing Treasury yields and softer U.S. data curb Fed rate-hike expectations: The U.S. dollar remained near multi-month lows against major currencies as easing U.S. Treasury yields and softer economic data reduced expectations of further Fed rate hikes. Investors awaited the Federal Reserve’s latest meeting minutes for clues on the interest -rate path, while the euro strengthened to $1.1577 near a two-month high and sterling held at $1.3533 near a three-month peak ahead of UK inflation data. The yen traded around 159.56 per dollar, having surrendered much of its earlier intervention-driven gains. Meanwhile, the U.S. 10-year Treasury yield declined to 4.70% and the 30-year yield to 5.28%, as the recent Treasury selloff paused. Recent U.S. data showing July job losses and mild inflation have prompted markets to scale back rate-hike expectations, further weighing on the dollar. However, rising oil prices amid continued Middle East tensions are keeping inflation risks elevated, potentially limiting the downside in bond yields and the dollar.
Government Security Market:
* The Inter-bank call money rate traded in the range of 4.60%- 5.25% on Tuesday ended at 4.85%.
* The 10 year benchmark (6.94% GS 2036) closed at 6.8269% on Tuesday Vs at 6.8071% on Monday .
Global Debt Market:
US Treasury yields rose on Tuesday, with long-dated yields surging to their highest level in over two decades, as tensions between the U.S. and Iran persisted. The early hours of Tuesday morning saw yields on U.S. 30-year Treasury yields add over 1 basis point to trade at around 5.322%, hovering just below the highest level since 2002. The 10-year Treasury note yield the main benchmark for mortgages, auto loans and credit card debt was more than 1 basis point higher at 4.736%.The yield on the 2-year Treasury note, which typically reacts in line with short-term Federal Reserve interest rate decisions, was flat at 4.186%. Oil prices rose as the 60-day deadline for the U.S. and Iran to secure a peace deal expired Monday, with Iran ruling out the possibility of an extension, according to state media. A senior Iranian official also told Reuters that Tehran would take an offensive stance if diplomacy with the U.S. fails. “Markets have seen growing weakness over the last 24 hours, with bonds and equities slipping thanks to negative geopolitical headlines from the Middle East,” Deutsche Bank’s Jim Rid wrote in a note on Tuesday. “There wasn’t a single catalyst for the declines, but with few signs of the US and Iran coming to any sort of a deal, that meant investors priced in a more extended closure of the Strait of Hormuz.” Resurging fears around inflation are sending government borrowing costs higher across the globe, with many longer-maturity bond yields hovering near multi-decade highs. The yield on Japan’s long-dated government bonds hovered near levels reached in May, when yields hit 40-year highs. Germany’s 30 -year bond yield was last seen at its highest since 2011, while their British counterparts approached a multi-decade high. French 30-year government bond yields also ticked upward to a post-2008 high.
10 Year Benchmark Technical View :
The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 6.81% to 6.8350% level on Wednesday.
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