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 #RupeeCheck | Rupee Opens At 85.57/$ Vs Friday’s Close Of 85.39/$ pic.twitter.com/c3QdVG7enr

— CNBC-TV18 (@CNBCTV18Live) July 7, 2025

Amitendu Palit, Senior Research Fellow at the Institute of South Asian Studies, National University of Singapore, told CNBC-TV18 that the US is likely to shift towards non-tariff measures and may put pressure on India to maintain its current foreign exchange rate policies.

JSW Energy adds 261 MW renewable capacity (solar 189MW, wind 72MW), taking total installed capacity to 12.8 GW.

JSW Energy commissions 261 MW green energy projects, boosts total installed capacity to 12,760 MW. Renewables now 56%.

The initial public offering (IPO) of Travel Food Services, operating a travel quick-service restaurant and a lounge business across airports in India and Malaysia, will open for subscription on Monday, July 7. The issue closes on July 9.

Jubilant FoodWorks shares are in the spotlight on Monday, July 7, following a strong Q1FY26 performance, according to its business update. However, brokerages hold mixed opinions on the stock.

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#JustIN | Keystone Realtors Q1 Update

–Pre-sales up 75% YoY & up 25% QoQ at ₹1,068 Cr

–Area sold up 159% YoY & up 9% QoQ at 0.63 msf

–Collections up 19% YoY & down 23% QoQ at ₹575 Cr

–Added 3 proj having saleable area of 3.25 msf & estimated GDV of ₹7,727 cr pic.twitter.com/Pm7tyhHl0g

— CNBC-TV18 (@CNBCTV18Live) July 7, 2025

Donald Trump took to Truth Social warning BRICS countries over alleged ‘Anti-American’ Policies

Kalyan Q1 Update#JustIN | US Tariff Letters, Deals Will Be Delivered Starting 12:00 p.m. (ET)/9:30 pm IST Mon, July 7: #DonaldTrump on Truth Social pic.twitter.com/hIyd0W35mo

— CNBC-TV18 (@CNBCTV18Live) July 7, 2025

SEBI’s interim order against Jane Street highlights its emphasis on governance. Given Jane Street’s significant presence, this action could affect market volumes.

#CNBCTV18Market | Moderating share of high-margin loans, uncertainty around new CEO keep us underweight: MS on #IndusInd pic.twitter.com/UHxN51DEd6

— CNBC-TV18 (@CNBCTV18Live) July 7, 2025

Shares of FSN E-Commerce Ventures Ltd., the parent company of fashion and beauty retailer Nykaa, are in focus on Monday, July 7, after the company released projections of its first quarter performance on Sunday.

Morgan Stanley on Eternal

Overweight | Target Price: ₹320

Eternal has named Aditya Mangal as the new CEO of its food ordering and delivery segment. Mangal, who joined the company in 2021, previously served as Head of Product for the same business. While senior leadership changes may create mixed investor sentiment, Morgan Stanley points out that companies like Zomato have managed to grow their market share despite several top-level changes in recent years.

Morgan Stanley on Jubilant Foodworks

Overweight | Target Price: ₹781

Jubilant Foodworks reported an 18% YoY rise in standalone Q1 revenue, matching Morgan Stanley’s estimate. This was driven by a strong 11.6% like-for-like (LFL) sales growth and a 10% increase in store count, with 61 net new stores added (up from 40 in Q4FY25).

Momentum from the previous quarter’s 12.1% LFL growth continued. Consolidated Q1 revenue grew 17% YoY, beating estimates by 3%. However, Domino’s Turkey saw a 2.2% decline in LFL growth (vs. +0.9% in Q4FY25), with 6 net new stores added, bringing the total to 752.

HSBC on GCPL

Buy, TP ₹1,420

India revenues grew by high-single digits (mid-single digit volume growth), and consolidated revenues, by double-digits

Home care: broad-based with double-digit value and volume growth. India business (ex soaps) performance very strong

Margins to pick up in H2FY26e; no change to guidance.

CLSA on GCPL

U-P, TP ₹1,062

Q1 Update

CO indicated high, single-digit sales growth for standalone business with mid-single digit underlying volume growth

This is slightly below forecast of 10% standalone growth.

Consolidated rupee revenue growth is likely to be double-digits compared with estimate of 11% & broadly inline

Remain cautious as believe investor expectations of mid-teen value growth for FY26 might be too high.

India and the US are likely to conclude a much-awaited mini-trade deal in the next 24 to 48 hours, sources told CNBC-TV18 on Sunday (July 6).

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Citi has maintained a Buy on IGL and raised its target price to ₹270, projecting higher EBITDA margins of ₹7–7.5/scm for FY26–28 (up from ₹6.5–7/scm).

The revision follows PNGRB’s approval of new pipeline tariff rules, shifting from a 3-zone to a 2-zone system. Under the new structure, all CGD companies will benefit from lower zone 1 tariffs for CNG and domestic PNG.

IGL stands to benefit the most, as it previously operated in the higher-cost zones 2 and 3.

Nomura on Nykaa

Neutral, TP ₹216

1Q: Revenue growth broadly in line with est.

BPC category: Net revenue growth estimated at around mid twenties (25-26%)

Fashion category: Net revenue growth estimated at around mid-teens (15-16%)

On a consolidated basis, estimate revenue growth of 23% for 1QFY26F, which is slightly below full-year estimates of 26%/24.5% for FY26F/FY27F

Expect EBITDA margins of 7.5%/8.7% in FY26F/FY27F.

CLSA on Nykaa

O-P, TP ₹229

Q1 update

Co indicated consolidated GMV growth was higher than mid-twenties, broadly in-line

However, I believe revenue is likely to be slightly lower, dragged down by lower revenue growth for the beauty business, which was impacted by geopolitical tension during Nykaa’s flagship sales.

Beauty should see mid-twenties GMV growth, despite some loss of business during sale, with net revenue also likely to be in the mid-twenties.

Fashion GMV growth picked up to mid-twenties (from 18.4% in 4QFY25 and significantly better than our forecast).

Fashion revenue growth of mid-teens was also ahead of expectations of 10.7%.

MS on Nykaa

OW, TP ₹225

1QF26 Seen in Line

Beauty Growth Intact; Fashion Improved Sequentially

FSN expects 1Q consolidated revenue to grow at lower end of mid-20% area YoY (vs. MSe at 24%), with GMV crossing the mid-20s (+27% YoY in 4QF25).

TRADE SET UP

Monday Cues: ‘Trade’ Uncertainty

Nifty consolidates with negative bias losing 0.7% last week

DII Net Sell 1,028.84 Cr in Cash

FII Net Sell 760.11 Cr in Cash

Q1 Updates In Focus

GIFT Nifty flat indicates a muted start for the Indian market

Chetan Seth of Nomura said markets may stay volatile until July 9, when a 90-day pause on President Trump’s tariffs for non-China partners ends. While the outcome is uncertain, more clarity on tariffs could help markets rise by reducing one source of uncertainty.

This would let investors focus on other positives like a possible US budget deal, Fed rate cuts, stable bond yields, a strong US economy, and the AI growth story.

 #Exclusive | India-US likely to take final decision on the mini trade deal in the next 24-48 hours. Currently talks have only been completed on the mini trade deal; negotiations on a larger #BTA will begin after July 9

Average #tariff under the mini trade deal likely to be 10%,… pic.twitter.com/qz2Uh2IqiU

— CNBC-TV18 (@CNBCTV18Live) July 6, 2025

Top stocks to watch on Monday, July 7: IndusInd Bank, Ultratech Cement, Shyam Metalics, Dabur, ESAF, SFB, Bosch, Tata Steel, and Senco Goldamong others reported key operational updates, order wins, or business performance for the June quarter.

Top stocks to watch on Monday, July 7: IndusInd Bank, Ultratech Cement, Shyam Metalics, Dabur, ESAF, SFB, Bosch, Tata Steel, and Senco Goldamong others reported key operational updates, order wins, or business performance for the June quarter.

Indexes in Japan, Australia and South Korea posted small declines after Trump administration officials signalled August 1 as the date for higher levies to kick in and said some countries may get more time to negotiate deals.

Shares of Vraj Iron & Steel will be in focus on Monday, July 7, as its shareholder lock-in period comes to an end.

Gold eased after gaining nearly 2% last week, as investors awaited developments in US trade negotiations ahead of a July 9 tariff deadline set by President Donald Trump.

Bullion traded near $3,325 an ounce, with Treasury Secretary Scott Bessent indicating a possible extension to talks, saying that some countries lacking an agreement by Wednesday will have a three-week window to continue discussions.

Shares of Dreamfolks Services fell another 12% on Friday, July 4, extending losses as concerns over rising competition in its business continued to weigh on investor sentiment.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.