Key Highlights: Stocks in News, Economic & Global Updates 1st September 2026 by GEPL Capital Ltd
Stocks in News
• GREAT EASTERN SHIPPING: The Company approved Rs 900 crore openmarket buyback on Aug. 27, 2026.
• BRIGADE ENTERPRISES: The company Enters Coimbatore with 5.4-acre residential JDA project with GDV of about Rs 600 crore.
• E2E NETWORKS: The company signed binding term sheet with an Indiabased sovereign AI company for supply of NVIDIA Blackwell cloud GPUs and allied services. Contract value approximately Rs 1,000 crore, valid through June 2029.
• INDO TECH TRANSFORMATION: The company won Rs 55 crore order from Waaree Renewable Technologies for five transformers, to be executed by April 2027.
• JINDAL WORLDWIDE: Jindal Mobilitric plans to expand retail footprint to 100 showrooms by FY28, reinforcing its nationwide EV ambitions.
• TIME TECNOPLAST: The company secured order worth approximately Rs 87.53 crore from a PSU joint venture of two Maharatna PSUs for supply of Type IV composite CNG mobile storage cascades for CNG and CGD networks. Execution within one year.
• SJVN: The company successfully completed 72-hour trial run of 660 MW Unit -2 of the 1,320 MW Buxar Thermal Power Project in Bihar.
• NLC INDIA: The company Received Letters of Intent from Telangana government for composite licences of the Govindpur and Parvathapur Vanadium, Titanium & Aluminous Laterite blocks after emerging as preferred bidder.
• IRCON INTERNATIONAL: P.V. Sreekanth ceased as Executive Director/S&T and senior management personnel on Aug. 31, 2026.
• BRIGADE ENTERPRISES: The company Enters Coimbatore with 5.4-acre residential JDA project with GDV of about Rs 600 crore.
• SJS ENTERPRISES: The company Incorporated wholly owned subsidiary SJS Display Electronics Private Limited on Aug. 31, 2026.
Economic News
• Realty, retail & wholesale trade lead services expansion in June: India's services sector experienced broad-based growth in June. Eighteen of nineteen tracked segments expanded, with eight achieving double-digit gains. Real estate led this expansion, growing 24.7% year-on-year. Retail and wholesale trade also showed strong performance, growing 18% and 15.1% respectively. Air transport was the only segment to contract, declining 6%.
Global News
• China Manufacturing PMI rises to 51.5 in August, signalling stronger output, orders and export demand despite weak domestic demand: China’s manufacturing sector strengthened in August, with the RatingDog China General Manufacturing PMI rising to 51.5 from 50.9 in July, supported by faster growth in output, new orders and exports. Output reached a three-month high, while new export business recorded its strongest increase in six months, driving higher purchasing activity and a sharp rise in backlogs and finishedgoods inventories. However, intense competition led manufacturers to cut output prices for the first time this year, while weak domestic demand, trade tensions and geopolitical risks continued to weigh on the broader outlook. Business confidence also softened to its lowest level since January, despite manufacturers remaining optimistic about production over the next 12 months.
Government Security Market:
* The Inter-bank call money rate traded in the range of 4.55%- 5.25% on Monday ended at 4.80%.
* The 10 year benchmark (6.94% GS 2036) closed at 6.9452% on Monday Vs 6.9108% on Friday .
Global Debt Market:
US Treasury yields were marginally lower on Monday, as investors monitored developments in the Middle East and comments made at the Federal Reserve’s annual symposium in Jackson Hole, Wyoming. , The yield on the benchmark 10-year Treasury note was 1 basis point lower at 4.712%. The yield on the longer-dated 30-year Treasury was flat at 5.21%, while the 2-year Treasury yield fell 2 basis points to 4.327%. On Friday, the 2-year Treasury yield which is the most sensitive to policy expectations jumped more than 12 basis points to settle at around 4.354%, after Fed Chair Kevin Warsh struck a hawkish tone at Jackson Hole. Markets are now pricing in a higher chance of an interest rate hike at the Fed’s next Federal Open Market Committee meeting in September. According to the CME’s FedWatch tool, money markets now see a 59.9% chance the central bank will raise rates next month, up from 35.4% the day before Warsh gave his Jackson Hole address. In a Monday morning note, strategists at Barclays said their economists were now anticipating two 25- basis-point hikes this year, one in September and another in December. “Kevin Warsh signaled a willingness to hike rates if inflation does not move toward target, and highlighted ‘concerning’ inflation trends over the past year,” they said. But Mark Haefele, chief investment officer at UBS Global Wealth Management, said in a note on Monday that his team’s base case remains that “steady progress in underlying inflation will allow the Fed to keep rates unchanged this year.” “
10 Year Benchmark Technical View :
The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 6.9350% to 6.95% level on Tuesday
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