Key Highlights: Stocks in News, Economic & Global Updates 9th September 2026 by GEPL Capital Ltd
Stocks in News
• ENVIRO INFRA ENGINEERS: Suyog Urja won Rs. 190 crore EPC turnkey works for an 180 MW NTPC wind project, to be executed by March 31, 2027.
• LEMON TREE HOTEL: Material subsidiary Berggruen Hotels received a GST DRC-01A intimation from Karnataka GST authorities proposing a tax demand of Rs. 5.63 crore. Company plans to file its response and objections.
• PITTI ENGINEERING: NCLT approved merger of Pitti Industries Pvt Ltd and Dakshin Foundry Pvt Ltd into Pitti Engineering, effective April 1, 2026.
• RBL BANK: CareEdge assigned RBL Bank BBB+/Stable rating for its USD 1 billion EMTN programme and issuer
• KP ENERGY: The company received LOI from Emmvee Energy for a 42 MW wind-solar hybrid power project under the group captive model in Karnataka, comprising 21 MW wind and 21 MWp solar capacity. Marks the company's first order in Karnataka.
• PVR INOX: The company opened three screens at Bellandur, Bengaluru, including one 4DX auditorium, taking the property to seven screens.
• NLC INDIA: The company wholly owned subsidiary NLC India Renewables won a 200 MW wind power project under SJVN's 600 MW ISTS-connected wind power tender and received the Letter of Award from SJVN.
• BERGER PAINTS INDIA: The company commenced commercial production at its new solvent-based paint manufacturing facility in Hindupur, Andhra Pradesh, from September 9, 2026. The plant has a capacity of 36,000 KL/MT per annum and involved an investment of over Rs. 188 crore.
• TCC CONCEPT: The Board approved amendments to the proposed merger scheme with wholly owned subsidiary ALTRR Software Services to reflect the 1:5 stock split.
• PARK MEDIA WORLD: The company incorporated wholly owned subsidiary Park Medicity Prayagraj to develop and operate a 550-bed multi-superspeciality hospital in Prayagraj, Uttar Pradesh, under the PPP model awarded by Prayagraj Municipal Corporation.
• AVENUE SUPERMARTS: Allotted commercial paper worth Rs. 300 crore.
Economic News
• Sugar imports lose appeal as domestic prices plunge below import parity: The A sharp fall in domestic sugar prices has made imports costlier than local supplies, complicating the Centre’s plan to bring in 1 million tonnes of raw sugar to cool prices. Port-based refineries have committed about 260,000 tonnes, but only a few thousand tonnes have entered the domestic market.
Global News
• Brent nears $100 as Middle East tensions fuel inflation fears and weigh on Asian markets: Brent crude surged towards $100/bbl as escalating Middle East tensions pushed oil prices higher for a fourth straight session, intensifying inflation concerns ahead of U.S. CPI data. Asian markets remained mixed, with Hong Kong and Australia lower, while Japan, South Korea and Taiwan gained on a rebound in chip and AI stocks. The yen strengthened towards a seven-month high on expectations of faster BOJ tightening, while the euro edged higher ahead of the ECB’s expected rate hike. Meanwhile, higher oil prices and renewed central-bank tightening bets kept global equities and bond yields under pressure, with gold rising 0.3% to around $4,368/ oz and Bitcoin near $78,681.
Government Security Market:
* The Inter-bank call money rate traded in the range of 4.50%- 5.20% on Tuesday ended at 4.55%.
* The 10 year benchmark (6.94% GS 2036) closed at 6.9431% on Tuesday Vs 6.9607% on Monday
Global Debt Market:
US Treasury yields moved higher as investors look ahead to more key economic data releases this week, including wholesale inflation data, as rising energy costs weigh on markets. The key 10-year Treasury note yield the benchmark for mortgages, auto loans and credit was more than 2 basis point higher at 4.8063%. The longer-dated 30-year bond yield, which often moves in line with geopolitical events, also rose 2 basis point to 5.2708%. The yield on the 2-year Treasury note, which are more sensitive to short-term Federal Reserve rate decisions, was flat at 4.3810%. The rise in borrowing costs comes as markets reopen for trade following the extended Labor Day holiday weekend, with investors looking ahead to more domestic economic data releases this week. The monthly U.S. producer price inflation print for August, due Thursday, is forecast to show a rise of 0.4%. U.S. PPI, a measure of wholesale costs of goods and services and a key gauge of underlying inflation pressures, was unchanged in July. Borrowing costs moved higher on Friday following August’s blowout nonfarm payrolls data, which saw the U.S. economy add 162,000 jobs, well above consensus forecasts of about 53,000, sharpening investor focus around the Federal Reserve’s interest rate trajectory. The rate-setting Federal Open Market Committee will meet September 15-16. Energy prices were also ticking higher, with Brent crude futures hurtling towards $100 a barrel early Tuesday, as the war in the Middle East continues to weigh on the inflation picture. Saudi Arabia’s energy ministry said operations at certain facilities were halted following strikes by Iranbacked, Yeman-based Houthi militants.
10 Year Benchmark Technical View :
The 10 year Benchmark (6.94% GS 2036) yield likely to move in the range of 6.94% to 6.96% level on Wednesday
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