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Corporate Intelligence Brief · Saturday, 26 September 2026

This construction company won an office order worth 75% of its annual revenue

Edition No. 33 · 19 min read

Data as of 26 Sep 2026

Saturday, 26 September 2026 · Weekend edition: Indian markets are closed today. This edition wraps Friday's session & the freshest filings, & sets up Monday's open.

Snapshot · Commodities, Rates & Macro

ItemLevelMoveOne-line note
Brent crude$104.37/bbl-2.1% FriEased on US-Iran Hormuz talks; roughly flat on the week (see Commodities)
WTI crude~$92.4/bbl-2.3% FriBrent-WTI spread ~$12.7, widest since May
Gold (spot)$4,280.19/oz+0.1% FriWeekly loss over 2% on the dollar & yields; futures ~$4,331
Silver (spot)$64.04/oz+0.3% FriAnalysts cite resistance near $65
LME copper (cash)$14,740/t-0.2%Cash above 3-month: tight nearby supply
LME aluminium (cash)$3,254/t+0.8%Firm through the yield scare
US 10-yr Treasury5.17%~-3 bp FriStill the highest zone since 2007; 30-yr 5.46%
India 10-yr G-sec7.119%+5 bp w/wHighest close since mid-May; supply & US yields both hurting
USD/INR95.80Rupee +19p FriRBI sold dollars defending 96; -0.06% on the week
US durable goods (Aug)0.0% m/mvs -0.4% expectedCore capital-goods orders +1.6%: capex is running hot
UMich sentiment (Sept final)48.1-7% m/m1-yr inflation expectation jumped to 4.6% from 4.0%
India FDI (FY26)$94.53 bnrecordRestated by Goyal at a Make in India event, not a fresh data release

The Big Picture: a small Friday bounce inside the longest weekly losing run since 2020

  • Friday's session. The Nifty rose 77.40 points (+0.34%) to 23,140.50 & the Sensex added 315.20 points (+0.43%), a modest recovery from Thursday's five-month low, driven by value buying, Brent easing ~2% & reports that the US & Iran are discussing a phased reopening of the Strait of Hormuz. India VIX, the index of expected near-term volatility, cooled 4.2% to 12.13 after Thursday's 23% spike. Realty led the gainers, with auto, metal & FMCG positive; IT was the worst sector, & defence names stayed weak.
  • The week, honestly framed. The Nifty fell for a seventh straight week (-0.9% w/w to 23,140.50), its longest weekly losing streak since the Covid crash of February-April 2020, & sits 12.3% below its 52-week high. The week's damage came from three directions at once: US 10-yr & 30-yr yields at 2007/2004 highs, the Irdai draft that crushed insurance-distribution stocks, & the Tata Sons boardroom dispute that shaved roughly Rs. 40,000 crore off Tata group market value.
  • Flows. FIIs net sold Rs. 3,693.93 crore in Friday's provisional cash-market data while DIIs bought Rs. 2,838.17 crore, the same one-way pattern that has run all month (September FII selling through Thursday: about Rs. 14,800 crore).
  • Monday's frame. Supportive: Wall Street closed higher Friday, oil is off its spike highs, & the rupee firmed. Working against: a three-day PSU bank strike starts Monday, the RBI drains Rs. 25,000 crore via an OMO sale the same morning, & the big US data (PCE Wednesday, payrolls Friday) lands mid-week with an October Fed hike about 70% priced.
← Previous editionthis irrigation contractor is first in line for a project worth 18% of its annual revenue Next edition →Prestige pulled its Rs. 2,700 crore hotel IPO & took Rs. 3,000 crore privately
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