Key Highlights: Stocks in News, Economic & Global Updates 30th September 2026 by GEPL Capital Ltd
Stocks in News
• PIDILITE INDSTRIES: The company's arm will transfer its entire stake in Finemake Technologies to the founders of Finemake.
• STL NETWORK: The company emerges as L1 bidder for a Rs. 250 crore order from RailTel for cloud infrastructure deployment at RailTel data centres.
• BHARAT PARENTERTAS: The company approves fundraising of Rs. 139 crore through preferential allotment of 9.1 lakh shares at Rs. 1,522.85 per share. .
• NAVIN FLURINE INTERNATIONAL: The company arm Navin Fluorine Advanced Sciences commissions debottlenecking capacity at its Dahej facility.
• GRAPHITE INDIA: The US Department of Commerce issues a preliminary determination in the anti-dumping duty investigation, announcing a preliminary dumping margin of 12.22%; financial impact remains unascertainable at this stage. .
• NLC INDIA: The company will incorporate a joint venture with NALCO to develop a 1,080 MW thermal power plant, with both partners holding 50% stake each. .
• GSPL TRANSMISSION: The company demerged entity will list on September 30, 2026 under the symbol GSPLTRANS with 312.7 million shares.
• POWER MECH PROJECT: The company receives a Rs. 549 crore order from Adani Group's Moxie Power for a contract period of 60 months.
• JNK INDIA: The company secures two orders worth up to Rs. 100 crore from an Indian customer for supply and services of flare packages. .
• FLAIR WRITING INDUSTRIES: The company Receives a Rs. 31 crore demand -cum-show cause notice from a Surat authority.
Economic News
• The Government cut foodgrain target by 2.63 MT: India has announced a reduced foodgrain production target of 373.93 million tonnes for the 2026-27 crop year. The decision comes amidst concerns over El Niño weather patterns impacting agricultural conditions across the country. Sowing operations for kharif crops have been completed, while rabi crop planting will start in October.
Global News
• Oil prices ease as Middle East supply flows recover, but remain on track for monthly gains: Oil prices fell around 2.5% on Tuesday as signs of recovering crude exports from the Middle East eased near-term supply concerns, although prices remained on track for monthly gains amid lingering worries over disruptions linked to the US-Israeli war on Iran. Brent crude settled 2.6% lower at $102.59/bbl, while WTI declined 3.5% to $89.38/bbl, with Brent and WTI still headed for monthly gains of around 13% and 4%, respectively. Saudi Arabia resumed tanker loadings from Yanbu after restarting the East-West Pipeline, while Middle East crude exports rebounded to 16.33 mbpd in September, the highest since the conflict began in late February, according to Kpler. Meanwhile, US-Iran negotiations continued, although President Donald Trump denied reports that Washington was offering sanctions relief or releasing frozen Iranian funds. In refined products, European diesel futures edged lower while US diesel prices rose 2.6%, as the White House pushed the EU to release emergency diesel inventories and considered regulatory relief for broader sales of red-dyed diesel to ease fuel prices. U.S. crude and gasoline inventories were also expected to have declined last week, according to a preliminary Reuters poll.
Government Security Market:
* The Inter-bank call money rate traded in the range of 4.00% - 5.25% on Tuesday ended at 4.85%.
* The 10 year benchmark (6.94% GS 2036) closed at 7.1628% on Tuesday Vs 7.1848% on Monday.
Global Debt Market:
U.S. Treasury yields eased early Tuesday after marching to fresh highs during the previous session amid persistent concerns over inflationary pressures. The 10-year U.S. Treasury note yield the key benchmark for mortgage borrowing, auto loans and credit card debt was flat at 5.238%.The 30-year Treasury bond yield, which typically reacts to geopolitical developments, was lower by 1 basis point at 5.551%. The 2-year Treasury note yield, which tends to move in line with shortterm Federal Reserve interest rate decisions, was 1 basis point higher at 4.9389%. On Monday, both the benchmark 10-year note yield and the longer-dated 3-year Treasury bond yield jumped by 5 basis points, with the 2-year yield increasing by 6 basis points. The recent spike in borrowing costs, which has seen yields move to multiyear highs, comes as the U.S. and Iran held separate talks with mediators with the aim of resolving the ongoing conflict in the Middle East, according to a report by Al Jazeera. The seven-month war continues to weigh on energy prices, fueling investor expectations of further rate hikes from the Federal Reserve to help tackle runaway price increases, which have been exacerbated by rising government debt. Traders are now pricing in a more than 72% chance of another Fed rate hike at its next meeting in October, according to the CME FedWatch tool. That comes after the central bank’s Federal Open Market Committee earlier this month voted by 12 -0 to raise its main interest rate by 25 basis points, Meanwhile, a slew of economic data releases this week including August’s JOLTS report, the core PCE index and quarterly GDP print, and the monthly nonfarm payrolls and unemployment rate will provide markets with fresh insights into the domestic economic picture.
10 Year Benchmark Technical View :
The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 7.15% to 7.17% level on Wednesday.
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