News

The market share of premium motorcycles in India, those with engine capacities above 150 cc, rose to 19% last fiscal year from 14% in fiscal 2019. Sales of these motorcycles increased to 2.3 million units from 1.9 million units, a 22% rise above pre-Covid levels, according to analytics firm Crisil.

Friday Trade

Trump:

Fund Flow

Markets This Week

TCS Q1: A Somber Quarter

Glenmark’s Big R&D Moment!

Zee Ent

US President Donald Trump said he is planning on making a ‘major statement’ on Russia on Monday. This comes on the back of the US preparing to send new American weapons to Ukrain via purchases from NATO allies.

Shares of Tata Consultancy Services Ltd. (TCS), the IT services giant, are all set to react to their June quarter numbers, which were reported after market hours on Thursday, July 10. Catch all the live updates here

The electric vehicle giant will inaugurate its first experience centre in Mumbai, located in the Bandra Kurla Complex (BKC). This marks Tesla’s initial physical presence in India, with the company expected to commence retail sales through imported vehicles.

JSW Infrastructure’s resolution plan for NCR Rail Infrastructure, which operates a key Private Freight Terminal in Khurja, Uttar Pradesh, has received approval from the Committee of Creditors (CoC). The terminal is strategically located near New Delhi and the upcoming Jewar Airport. JSW Infrastructure shares closed marginally lower at ₹312.20 on the BSE.

The GIFT Nifty is trading with a deficit of about 150 points, thereby indicating a gap-down start for the index.

 #CNBCTV18Market | #GIFTNifty lower, trading at a discount of nearly 150 pts from Nifty Futures Thursday close, indicates a gap-down start for the Indian market pic.twitter.com/MzXlRAwLzW

— CNBC-TV18 (@CNBCTV18Live) July 11, 2025

Zee Entertainment shareholders have voted down a ₹2,237 crore promoter-led capital infusion via preferential warrants, with 40% opposing the proposal. This is the second shareholder rejection after Punit Goenka’s reappointment as MD was declined in December 2024. The company stated it respects the decision and remains committed to growth.

Eicher Motors has disclosed that its subsidiary, VE Commercial Vehicles, received a ₹168 crore demand-cum-show cause notice from the CGST & Central Excise office in Ujjain, Madhya Pradesh. #TrumpTariffs | #DonaldTrump says #Canada to face 35% tariff rate starting August, plan to impose blanket tariffs of 15% or 20% on most trade partners

I’ll have a major statement to make on Russia on Monday, he adds pic.twitter.com/BDCjhekNXr

— CNBC-TV18 (@CNBCTV18Live) July 11, 2025

TCS On Focus 

1QFY26: Miss at revenue vs consensus

Oil steadied after falling more than 2% on Thursday as investors weighed the fallout from OPEC+ supply and President Donald Trump’s tariffs.

Credit Wise Capital, a Mumbai-based NBFC focused on two-wheeler and MSME loans, has secured ₹200 crore in its first institutional funding round led by Trident Growth Partners. The funds will be used to expand its branchless lending operations across tier 2 to tier 4 cities, introduce products such as loans against property, and bolster its team.

US President Donald Trump will levy a 35% tariff on goods coming into the US from Canada, he said in a post on Truth Social. The tariff level would take effect from Aug. 1.

It’s not clear whether a current exemption for goods traded under the USMCA trade pact would be extended or ended.

TRADE SET UP

Tata Steel Limited, on Thursday (July 10), said it has acquired 124,62,68,657 equity shares of its wholly owned foreign subsidiary, T Steel Holdings Pte. Ltd. (TSHP), at a face value of $0.1005 each. The total investment amounts to $125.25 million, equivalent to ₹1,073.63 crore.

Britain plans to invest €163.3 million ($191 million) in the satellite operator Eutelsat, Reuters reported on Thursday, as part of broader efforts to enhance European sovereign capabilities in satellite communications and compete with SpaceX’s Starlink.

TCS, Anand Rathi Wealth, and Tata Elxsi are in focus following their Q1 FY26 earnings, while Glenmark Pharma made headlines with a $1.2 billion licensing deal with AbbVie. In addition, Birla Corporation Ltd will also be a focus, among other stocks.

Union Commerce and Industry Minister Piyush Goyal on Thursday (July 10) urged India’s energy storage sector to avert uncertainty in supply chains by reducing dependence on imports from a handful of countries by focusing on research and development of innovative technologies and hedging of risks by exploring alternative import destinations.

Bitcoin options traders are already setting their sights on much higher prices while the original cryptocurrency extends its record-breaking rally for a second day.

Markets are complacent on tariffs planned by US President Donald Trump, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon has warned.

IGI Therapeutics SA, which is a wholly-owned subsidiary of Ichnos Glenmark Innovation (IGI), which is an alliance between Glenmark Pharma and Ichnos Sciences Inc. has signed an exclusive licensing agreement with AbbVie for IGI’s lead investigational asset, ISB 2001, Glenmark Pharma said in an exchange filing on July 10.

Hindustan Unilever Ltd (HUL) has announced the appointment of Priya Nair as its new Managing Director and Chief Executive Officer, effective August 1, 2025. The company’s board approved Nair’s appointment for a five-year term. She will be the first woman to lead the FMCG major in its history.

The asset quality of state-run Indian Renewable Energy Development Agency (IREDA) Ltd. took a hit during the April-June quarter, owing to its exposure to Gensol Engineering and issues pertaining to another client.

Whether the Nifty 50 ends the week in the green or red now depends on how the Street reacts to Q1 results from India’s largest IT services firm, TCS. Its performance may have a rub-off effect on other IT stocks, five of which are part of the Nifty 50 index.

Welcome to CNBC-TV18’s Market Blog

Good morning, readers! Welcome to CNBC-TV18’s market blog, where we provide rolling live news coverage of the markets, lineup of TV guests, in-house editors, researchers and reporters.

Have a great day ahead. Good luck!NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.