Key Highlights: Stocks in News, Economic & Global Updates 7th August 2026 by GEPL Capital Ltd
Government Security Market:
* The Inter-bank call money rate traded in the range of 4.60%- 5.25% on Thursday ended at 4.85%.
* The 10 year benchmark (6.94% GS 2036) closed at 6.7666% on Thursday Vs at 6.7722% on Wednesday .
Global Debt Market:
Shorter-dated Treasury yields edged higher Thursday, with traders weighing prospects for interest rate hikes. Yields held steady across the rest of the curve, with oil prices choppy as Iran-Oman talks over the Strait of Hormuz came into focus. The 10-year Treasury note yield the main benchmark for mortgages, auto loans and credit card debt was unchanged at 4.6208%. The longer-dated 30-year Treasury yield, which is often sensitive to geopolitical events, was also flat at 5.1711%. But the shorter-dated 2-year Treasury note yield, which tends to react in line with short-term Federal Reserve interest rate decisions, was more than 1 basis point higher at 4.1977%. The moves came as Minneapolis Federal Reserve President Neel Kashkari told CNBC Wednesday that “now is the time” for policymakers to start raising rates, pointing to strong corporate earnings coupled with solid consumer and labor market sentiment. As investors gear up for Friday’s nonfarm payrolls data and unemployment rate for July which is forecast to show an increase of 83,000 jobs, and unemployment unchanged at 4.2% the Middle East is also weighing on markets. Oil prices oscillated above and below the flatline, after Iran said it had reached an understanding with Oman on shipping flows through the Strait of Hormuz.
10 Year Benchmark Technical View :
The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 6.7550% to 6.77% level on Friday.
Stocks in News
• DEEPAK NITRITE: Deepak Chem Tech commissioned its MIBK/MIBC plant at Dahej on August 6, 2026. The project involved a capex of about Rs. 735 crore.
• WAAREE ENERGIES: Waaree Clean Energy Solutions incorporated WH Clean Mobility Systems on August 4, 2026, to focus on clean mobility solutions.
• TVS MOTOR COMPANY: The company Launched the TVS iQube in Kenya, becoming the first Indian OEM to introduce a premium electric scooter in Africa.
• DABUR INDIA: The company received a US FDA warning letter dated July 24, 2026, for its Silvassa plant. Domestic operations remain unaffected.
• RAIL TEL: The company secured an LoA from North Western Railway for a 4x48F OFC project worth Rs. 37.67 crore, to be executed by August 6, 2027.
• SCL: The company signed a framework agreement with KCPL for storage tanks worth Rs. 37.17 crore.
• J.KUMAR INFRAPROJECT: The company received an LoA for a Rs. 990.16 crore EPC contract to build a cricket stadium in Bengaluru over 36 months.
• CESC: The company subsidiary Purvah received an LoA from SECI for a 175 MW wind project at a tariff of Rs. 3.85/kWh for 25 years.
• POWERICA: The company received an LoA from SECI for a 100 MW wind project in Gujarat at a tariff of Rs. 3.85/kWh for 25 years.
• COAL INDIA: The company declared the preferred bidder for the Gadadharpur iron ore block in Odisha, with estimated resources of 288 million tonnes.
• ALLIED BLENDERS: The company approved expansion at Moradabad, including a 66 million bulk litre distillery by Q1 FY29 and increasing bottling capacity to 13 million cases by Q3 FY28. .
Economic News
• Parl panel for early conclusion of India-US trade pact, tariff exemptions on key goods: The panel suggested the commerce department prepare a time-bound roadmap to achieve the objectives of the Mission 500 initiative by promoting trade in goods and services, encouraging investment, enhancing cooperation in critical technologies, improving supply chain and addressing both tariff and non-tariff barriers faced by Indian exporters and prepare a long-term strategy to increase India's share in the American market. The two countries aim to more than double total bilateral trade to $500 billion by 2030.
Global News
• Dollar gains as Fed rate hike hopes and Iran tensions lift safe-haven demand: The U.S. dollar edged higher against major currencies on Friday, supported by safe-haven demand as uncertainty over a U.S.-Iran peace deal persisted and Treasury yields rose on expectations that the Federal Reserve could consider a September rate hike if upcoming data remains strong. Investors are now awaiting the U.S. nonfarm payrolls report, expected to show an 80,000 increase in jobs with unemployment steady at 4.2%, for further clues on the Fed's policy path. Meanwhile, Brent crude climbed above $83 per barrel amid concerns over the Strait of Hormuz, with higher oil prices and geopolitical tensions further boosting the dollar's appeal.
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