Key Highlights: Stocks in News, Economic & Global Updates 19th June 2026 by GEPL Capital Ltd
Stocks in News
* BHARAT FORGE: Kalyani Strategic, a subsidiary of the company, signed an agreement with AM General to collaborate on mounted artillery gun systems.
* WIPRO: The company secured a multi-year AI-led transformation and data centre migration contract from METRO AG. The company will acquire an additional 20% stake in Aggne Global IT Services for USD 2.1 million.
* SARDA ENERGY & MINERALS: A transmission tower collapse caused by heavy rainfall has led to the temporary shutdown of its hydropower plant, with damage assessment currently underway.
* TRUALT BIOENERGY: The company received approval for ?150 crore in financial assistance for its sustainable aviation fuel (SAF) project.
* HIMADRI SPECIALTY CHEMICAL: The company will invest USD 5.4 million in International Battery Company, raising its stake to 20.47%, with an additional USD 0.66 million investment.
* IMAGICAAWORLD ENTERTAINMENT: The company has temporarily closed its Raigad water park due to water shortages, following a state government directive, and will reopen operations once the situation improves.
* MSP STEEL: The company signed a 25-year power purchase agreement (PPA) to procure 10 MWp of solar power at ?3.17 per unit.
* BRIGADE ENTERPRISES: The environmental clearance for Brigade Morgan Heights in Chennai has been revoked, and the company intends to challenge the decision through an appeal
Economic News
* US Lifts Maritime Blockade on Iran Following Landmark Peace Agreement: The United States has lifted its maritime blockade on vessels transiting to and from Iranian ports, with US Central Command (CENTCOM) confirming that all enforcement operations have ceased in line with President Donald Trump's directive. While US naval assets will remain in the region to monitor compliance, American forces will no longer restrict maritime traffic linked to Iran. The move follows the signing of a 14-point Islamabad MoU between the US and Iran aimed at de-escalating regional tensions. Reaffirming Washington's commitment to peace in the Middle East, President Trump said the US expects a "complete ceasefire" across all fronts, including Lebanon, Hezbollah and Israel. He also highlighted the positive market reaction, citing lower oil prices and stronger equity markets amid progress in diplomatic negotiations.
Global News .
* India-US Interim Trade Deal Nearing Completion; Final Talks Next Week: India and the US are in the final stages of concluding an interim bilateral trade agreement, with both Prime Minister Narendra Modi and US President Donald Trump directing officials to expedite its completion. Foreign Secretary Vikram Misri said significant progress has been made, and US Trade Representative Jamieson Greer is scheduled to visit India next week to advance negotiations and finalize the framework of the proposed pact. The trade agreement was a key topic during the Modi-Trump meeting on the sidelines of the G7 Summit, with Trump stating that both sides are "very close" to reaching a deal. The proposed agreement is expected to address a broad range of trade issues, including ongoing discussions around US tariff measures, while further strengthening bilateral cooperation under the IndiaUS COMPACT framework spanning trade, defence, technology and energy
Government Security Market:
* The Inter-bank call money rate traded in the range of 4.00%- 5.45% on Thursday ended at 4.99%.
* The 10 year benchmark (6.94% GS 2036) closed at 6.8387% on Thursday Vs 6.8626% on Wednesday. Global Debt Market: Treasury yields were mixed on Thursday as investors digested the conclusion of Kevin Warsh’s first meeting as chair of the Federal Reserve. The yield on the 10- year U.S. Treasury note — the key benchmark for U.S. government borrowing — was largely flat at 4.457%. The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, rose over two basis points to 4.189%. The longer-dated 30-year Treasury bond yield fell over 4 basis points to 4.885%. Kevin Warsh’s first meeting as Federal Reserve chairman concluded Wednesday with no change in interest rates and a nod to possible hikes ahead. The meeting also saw the removal of key language indicating a bias toward future cuts within a dramatically shorter policy statement. The Fed kept the benchmark federal funds rate unchanged and anchored at 3.5%-3.75%. Complicating the picture was Warsh’s decision to abstain from submitting a rate forecast. 10 Year Benchmark Technical View : The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 6.8225% to 6.8425 level on Friday
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