Key Highlights: Stocks in News, Economic & Global Updates 19th October 2026 by GEPL Capital Ltd
Stocks in News
* BAJAJ HOUSING FINANCE: In Q2 FY27, Total income increased 18.3% YoY to Rs 3,251 crore from Rs 2,748 crore, while net profit rose 17.7% YoY to Rs 757 crore from Rs 643 crore.
* URBAN COMPANY: In Q2 FY27, Revenue grew 41.3% YoY to rs 537 crore, while EBITDA loss widened to Rs 188 crore from rs 68.7 crore and net loss increased to Rs 182 crore from Rs 59 crore. .
* DLF: In Q2 FY27, Revenue declined 23.3% YoY to rs 1,261 crore, while EBITDA fell 91.9% to Rs 23 crore; however, net profit increased 10.3% YoY to Rs 1,301 crore.
* ICICI BANK: In Q2 FY27, Net profit grew 20.1% YoY to Rs 14,843 crore, while net interest margin moderated to 4.18% from 4.36% QoQ; asset quality improved, with gross NPA declining to 1.20% from 1.38% and net NPA easing to 0.30% from 0.35% QoQ.
* HDFC BANK: In Q2 FY27, Net profit grew 4.7% YoY to Rs 19,510 crore, while net interest income increased 10% YoY to Rs 34,619 crore; asset quality improved, with gross NPA declining to 1.11% from 1.17% and net NPA easing to 0.37% from 0.41% QoQ.
* TEJAS NETWORKS: In Q2 FY27, Revenue increased 0.9% QoQ to Rs 406 crore, while EBITDA loss widened to Rs 107 crore from Rs 100 crore; however, net loss narrowed to Rs 207 crore from Rs 307 crore QoQ. .
* GPT INFRAPROJECTS: Subsidiary Alcon Builders and Engineers secured two railway orders worth Rs 149.5 crore from Western Railway and Rs 134 crore for railway signalling works in Madhya Pradesh.
* KROSS: Revenue surged 79.4% YoY to Rs 235 crore from Rs 131 crore, while net profit grew 137.5% YoY to Rs 2 crore from Rs1 crore.
Economic News
* India Restricts Sugarcane-Based Ethanol Procurement to Curb Sugar Prices: India has directed state-owned fuel retailers to stop procuring ethanol produced from sugarcane juice, sugar, sugar syrup and B-heavy molasses from November 1 for the new supply year, amid concerns over lower sugarcane output following a weak monsoon. The move aims to improve sugar availability and contain domestic prices. State-owned oil companies have floated a tender for nearly 11 billion litres of ethanol, allowing supplies produced from C-heavy molasses, corn, damaged food grains and surplus rice, among other permitted feedstocks. The restriction could moderate demand for sugarcane-based ethanol while supporting sugar availability in the domestic market.
Global News
* China’s GDP Grows 4.6% in 9M, Supported by Manufacturing and Exports : China’s GDP grew 4.6% YoY to 107.11 trillion yuan in the first nine months, with Q3 growth accelerating to 4.5% from 4.3% in Q2, keeping the economy on track to meet its full-year growth target of 4.5–5%. Growth was supported by resilient high-tech manufacturing, strong exports and emerging industries, while industrial output rose 5.3% and retail sales increased 2.6%. However, fixed-asset investment declined 7.2%, highlighting persistent domestic demand challenges. Further policy support and sustained manufacturing momentum are expected to support growth in Q4.
Government Security Market:
* The Inter-bank call money rate traded in the range of 4.85% - 5.90% on Friday ended at 4.85% .
* The 10 year benchmark (6.94% GS 2036) closed at 7.3789% on Friday Vs 7.3921% on Thursday .
Global Debt Market:
U.S. Treasury yields declined on Friday as investors weighed hotter-thanexpected inflation data and Federal Reserve Chairman Kevin Warsh’s latest comments on interest rates. The benchmark 10-year Treasury yield fell 1 basis point to 5.074%, and the 30-year Treasury bond yield was little changed at 5.422%. The 2-year Treasury note yield was down 1 basis point to 4.731%. It’s been a week of strong inflation data, with Thursday’s producer price index showing that wholesale prices jumped 6.3% annually in September, the biggest gain since 2022, according to the Bureau of Labor Statistics. Economists polled by Dow Jones expected a 5.5% increase. This came after the Wednesday release of the consumer price index, which rose 0.6% for the month and 3.7% annually in September, against estimates of 0.6% and 3.6%, respectively. The rise has largely been driven by continued inflationary pressure from soaring energy prices amid the ongoing U.S.-Iran war. The inflation data comes two weeks ahead of the next interest rate decision, with Fed Chairman Warsh sa on Thursday declining to offer any signals as to whether there will be another interest rate hike this month. “I don’t prejudge meetings. I don’t believe in saying now what I might do at the meetings that we have in the balance of this year,” Warsh said. Traders are now pricing in an 87% chance that the Fed will hold rates, according to the CME FedWatch Tool.
10 Year Benchmark Technical View :
The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 7.36% to 7.38% level on Monday.
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