Key Highlights: Stocks in News, Economic & Global Updates 24th August 2026 by GEPL Capital Ltd
Stocks in News
• AUROBINDO PHARMA: US FDA inspection at AuroPeptides concluded with one observation related to facility and equipment maintenance, with no data integrity or GMP compliance concerns.
• JSW ENERGY: MSEDCL challenged in the Supreme Court an APTEL order dismissing its appeal against JSW Energy.
• ENVIRO INFRA ENGIUNEERING: Proposed reallocating Rs 44.46 crore of IPO proceeds to fund two subsidiaries for 45 MLD and 60 MLD STPs under the Namami Gange Programme.
• CAPLIN POINT LABORATORIES: US FDA inspection at Caplin Steriles' Gummidipoondi facility concluded with 10 Form 483 observations.
• POWER GRID CORPORATION OF INDIA: The company declared successful bidder for a Gujarat renewable energy transmission project under TBCB and received the LoI for the BOOT project, with a discovered tariff of Rs 822.91 crore per annum.
• NTPC GREEN: The company secured 500 MW contracted capacity at a discovered tariff of Rs 6/kWh.
• KAYENS: The company Signed an MoU with BOSGAME to build a computing presence in India. BOSGAME focuses on intelligent computing products, including mini PCs and laptops.
• JUBILANT PHARMOVA: USFDA approved commercial batch manufacturing of the first product on Line 3 of Jubilant HollisterStier's contract manufacturing facility in the US.
• CEINSYS TECH: The value of an earlier order reduced by Rs 112 crore after the sanctioned amount under the scheme was exhausted. Pending order book now stands at Rs 856 crore.
• INNOVA CAPTAB: The company board approved brownfield expansion of its manufacturing facility in Baddi, Himachal Pradesh, at a cost of Rs 45 crore.
Economic News
• India eyes critical minerals, bigger markets in South America trade push: India is strengthening trade ties with South American nations like Chile, Argentina, and Brazil. Commerce Secretary Rajesh Agrawal will chair joint trade meetings in Argentina and Brazil. Talks for a comprehensive trade agreement with Chile are in advanced stages. Discussions will also cover expanding the preferential trade agreement with Mercosur. These efforts aim to diversify India's export markets and boost bilateral trade.
Global News
• Oil slips on profit-taking, but Iran sanctions and Hormuz disruptions keep supply risks elevated: Oil prices fell over 1% on Monday as investors booked profits ahead of expected tougher U.S. sanctions on Iran, with Brent at $93.17/bbl and WTI at $85.86/bbl, following gains of over 5% last week. Concerns over stalled U.S.-Iran talks, declining Iranian crude exports and the possibility of retaliatory action continue to threaten Middle East supplies, while severely constrained traffic through the Strait of Hormuz with vessel movements around 90% below pre-conflict levels has further tightened regional energy markets. Despite the near-term decline, crude prices remain vulnerable to renewed upside pressure if sanctions further restrict Iranian exports or disrupt shipping, while diplomatic progress could ease the supply premium.
Government Security Market:
* The Inter-bank call money rate traded in the range of 4.00%- 5.25% on Friday ended at 4.85%.
* The 10 year benchmark (6.94% GS 2036) closed at 6.8495% on Friday Vs 6.8709% on Thursday.
Global Debt Market:
Longer-dated U.S. government bond yields steadied on Friday, as investor jitters over the Treasury Department’s extended debt repurchase program and soaring national debt continue to weigh on markets. Yields on the 30-year U.S. Treasury note , the primary focus of the buyback plan, rose 1 basis point to 5.2508%. The 10-year U.S. Treasury yield — the key benchmark for mortgages, auto loans and credit card debt — were largely unchanged at 4.7001%. The shorter-dated 2-year Treasury note yield, which more closely follows short-term Federal Reserve rate decisions, was also flat at 4.1828%. Borrowing costs rebounded sharply during Thursday’s session, with both the 10-year and 30-year note yield rising more than 5 basis points. That wiped out their earlier decline, which came after Treasury Secretary Scott Bessent’s bombshell intervention in the government bond market, with a ramp-up in repurchases aimed at easing pressure at the long end of the curve. Willem Sels, global chief investment officer at HSBC Private Bank and Premier Wealth, said the rebound in long-term yields underlines market concerns that the Fed has become “less credible or predictable” under Chairman Kevin Warsh. “We think this concern should fade as the Fed decisions are committee-based, and policy will become clearer over time. So instead, it is the supply from U.S. hyperscalers and the U.S. government that are the key concerns currently,” Sels said in a note.
10 Year Benchmark Technical View :
The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 6.83% to 6.8550% level on Monday.
SEBI Registration number is INH000000081.
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