Key Highlights: Stocks in News, Economic & Global Updates 8th September 2026 by GEPL Capital Ltd
Stocks in News
• AARTI INDUSTRIES: The company commissioned Phase I of Zone IV, unlocking new high-value manufacturing opportunities.
• TRIBHOVANDAS ZAVRI: GRT Jewellers to acquire 25.88% of Tribhovandas Zaveri (TBZ).
• VISHNU CHEMICALS: The company entered into a 50:50 joint venture with France-based DCX Chrome SAS to set up a greenfield 6,000 TPA high-purity chromium metal manufacturing facility at Visakhapatnam, Andhra Pradesh.
• CHALET HOTELS: The company signed Share Purchase Agreement for acquisition of 100% of the equity shares of Lakeview Mercantile Company Private Limited.
• ALEMBIC PHARMACEUTICALS: The company incorporated wholly owned subsidiary Alembic Pharmaceuticals Global FZCO in Dubai on August 24, 2026.
• REC: The company successfully issued India's first pilot issue of tokenised corporate bonds under the SEBI Regulatory Sandbox Framework.
• GE VERNOVA T&D IDIA: The company declared L1 bidder by Power Grid for design and execution of a 6,000 MW, 800 kV HVDC LCC terminal station for evacuation of renewable power from Barmer-II to South Kalamb.
• CONCOR: The compay received Rs 89.09 crore order, including GST, from Eastern Railway's Jamalpur Locomotive Workshop for supply of 12 rakes of BLSS wagons along with brake vans.
• ADANI POWER: The company Received LOI on September 7, 2026 to acquire GVK Energy's 330 MW hydro plant.
• AVENUE SUPERMARTS: The company opened a new DMart store at Tonk Road, Jaipur; total stores now 509
Economic News
• New GDP series reflects better data, methods: The Ministry of Statistics and Programme Implementation defends its new GDP series methodology. Double deflation is presented as a methodological improvement for better value addition measurement. Revisions reflect improved data sources and structural changes in the Indian economy. New data sources and administrative datasets are continuously incorporated for better estimates. Future plans include transitioning towards the System of National Accounts 2025 framework.
Global News
• Yen surges to 7-month high as BOJ hike bets rise; dollar stays subdued ahead of U.S. CPI: The Japanese yen strengthened to a fresh seven-month high of 153.53 per dollar, extending its nearly 4% rally from around 160 last week, as traders unwound short positions amid rising expectations of faster Bank of Japan rate hikes and potential repatriation of Japanese funds. Meanwhile, the U.S. dollar remained subdued ahead of this week’s CPI data, with markets pricing around a 60% chance of a Federal Reserve rate hike in September following stronger-than-expected U.S. jobs data. The euro and pound edged higher, while the offshore yuan held near a 3.5-year high ahead of China’s trade data. Investors also remained cautious amid rising Gulf tensions and their potential impact on inflation, with Brent crude staying above $97 a barrel.
Government Security Market:
* The Inter-bank call money rate traded in the range of 4.50%- 5.15% on Monday ended at 4.50%.
* The 10 year benchmark (6.94% GS 2036) closed at 6.9607% on Monday Vs 6.9625% on Friday
Global Debt Market:
US Treasury yields face a key test at 4.8%, with a sustained move above that level potentially creating “meaningful problems” for other asset classes, according to Matt Maley, chief market strategist at Miller Tabak + Co. “We remain concerned about the Treasury market…as rising fiscal deficits, massive debt issuance, and heavy corporate borrowing continue to pressure long-term yields... while Treasury Department jawboning has failed to produce the desired decline in rates (at least so far),” Maley said in a note over the weekend. A sustained move above 4.8% on the 10-year Treasury yield which marks the the high reached in January 2025 “would be particularly concerning,” he said, as it could begin to create broader problems for markets and signal that fiscal concerns are overwhelming policymakers’ attempts to influence borrowing costs. Maley said recent efforts by the U.S. Treasury Department and Secretary Scott Bessent to talk yields lower have so far failed to generate the desired response. The effort came as investors were heavily short Treasurys and summer trading conditions were relatively thin, with policymakers hoping verbal intervention could trigger a meaningful bond rally. Instead, the episode underscores the growing difficulty of addressing market concerns without tackling the underlying fiscal pressures, he highlighted. The U.S. budget deficit and national debt, now above $40 trillion, are becoming increasingly difficult for investors to ignore, while the government is competing with large volumes of corporate borrowing for investor demand.
10 Year Benchmark Technical View :
The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 6.9550% to 6.97% level on Tuesday.
SEBI Registration number is INH000000081.
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