Published on 05/06/2025 02:08 PM
#OlaElectric founder topped up collateral as shares tumbledhttps://t.co/m84aGOS8vd
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ICICI Securities has downgraded Genus Power shares following a sharp 34% rally over the past month.
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#JustIn | Zaggle Prepaid To Acquire Dice Enterprises, A Spend Management Platform For ₹123 Crore pic.twitter.com/snXXcTqe57
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Total Sales Down 24% at 4,643 Units vs 6,093 Units (YoY)
Jaguar Sales were Nil vs 1,363 Units (YoY)
Land Rover Sales Down 2% at 4,643 Units vs 4,730 Units (YoY)
Japan’s 30-year bond auction saw the weakest demand since 2023, ramping up pressure on the government to adjust issuance.
#JustIn | Intellect Design bags order from a South African bank to implement its https://t.co/aKc1N1dGIy digital engagement platform pic.twitter.com/2oK0CfW1PB
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Shares of Man Industries Ltd. surged by over 5% in the intraday trade on Thursday, June 5, after the company announced that it has received a new export order for approx. ₹1,150 crore.
The Nifty Midcap 100 index has made gains of 0.74%. This increase in the value of the index is helped by the rise of the top 5 stocks, with a surge of about 4%.
Here are a couple of stock recommendations by Manish Hathiramani of Deen Dayal Investments
Buy Reliance Industries with a stop loss of ₹1,400 and a target of ₹1,475
Buy Bharti Airtel with a stop loss of ₹1,825 and a target of ₹1,900
Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.RBI MPC Meet | @RBI is set to announce the decision on rate cut on Friday. @CNBCTV18News poll suggests that the central bank will cut repo rate by another 25 bps in this meet. @_ritusingh with key expectations.#RBI #RBIMPC #ReserveBankOfIndia #MonetaryPolicyCommittee #RateCut… pic.twitter.com/VP9gb1W2W9
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Man Industries has secured a significant export order valued at ₹1,150 crore.
Click for More#JustIn | Government may propose switching to 3-slab structure in upcoming GST council meeting, sources to @TimsyJaipuria
Alert ????: GST Council is the apex body where states & centre unanimously take a decision pic.twitter.com/KaTU4CDWq6
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June 17 is expected to be a key trading day for two stocks that have recently been strong performers in the market.
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The Nifty index has climbed past the 24,800 mark, with Eternal, Dr. Reddy’s Labs (DRL), Trent, PowerGrid, and Reliance emerging as the top gainers.
#JustIn | #RailTel bags order worth ₹274.4 cr from #MotorVehiclesDepartment, #Maharashtra pic.twitter.com/HEyPwvHhEK
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JPMorgan has called Coforge an “all-weather growth champion” and expects the stock to rise by 20%.
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RateGain Travel Technologies has partnered with Razorpay to enable smooth and efficient hotel payment solutions across India.
RateGain shares are down 1.79% currently.
Vishal Malkan of malkansview.com
Buy Adani Ports with a stop loss of ₹1,420 and a target of ₹1,500-1,530
Buy SRF with a stop loss of ₹3,100 and a target of ₹3,250#JustIn | #CentralBank acquires 24.91% stake in #FutureGeneraliIndiaInsurance for up to ₹451 cr pic.twitter.com/NzUh7r8d5h
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Wockhardt Concall
#CNBCTV18Market | Sharp fall in M&M, down over 3% from day’s high pic.twitter.com/FkRKzjLjna
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PB Fintech shares jumped after Citi projected that the stock could revisit its previous all-time high.
The stock is currently up nearly 1.22%, trading at ₹1863.80.
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#JustIn | Dr Reddy’s: #LIC buys additional 1% stake in the company since April 1, 2025
LIC now holds 8.22% stake vs 7.19% as of March 31, 2025 pic.twitter.com/INn1gdTikN
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#JustIn | #AxisCap On Lupin & Zydus:
▶️US District allows cos to expand scope of argument in Myrbetriq generic case
▶️#Lupin & #Zydus now have ammunition to defend at-risk launch of Myrbetriq generic
▶️Expanding the scope of argument reduces the risk of penalty pic.twitter.com/VWSXKKP5Ya
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The shares of RITES surged on Thursday’s trade by 3.30%. This marks the fourth straight session for which the company’s stocks have surged. The rail stock has surged by 34.03% in the past month of trade.
The current price of the stock stands at ₹305.30 per share.
HSBC says that a diabetes treatment drug has the potential to significantly boost Dr Reddy’s performance, following an upgrade in its rating.
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Dipan Mehta, Director, Elixir Equities (fundamental)
On Power Space
By and large, the renewable power equipment manufacturers are the ones we should be focusing on. They are sitting on a very good order book position. And at the same time, capacities are coming up pretty well over there. But within that, we have the solar equipment, and we have the wind equipment. So within the two segments, we prefer the wind equipment companies. There are only two listed companies, Suzlon Energy and Inox Wind.
A disclosure, we and our clients are invested in them. I think the threat of competition is least for the wind equipment manufacturers. Basically, the Chinese cannot come and dump any of their equipment, and it cannot easily set up capacity the way we are seeing happening in solar modules and in solar cells.
And look at the order book position of Suzlon and Inox Wind – it is like a three- or four-year depth order book position and still growing. And now valuations have also become reasonable, mainly because earnings have shot up in the last three, four quarters or so.
So, within the entire power space, and even within the entire capital goods space, these two companies are our top bets. Having said that, it’s a disclosure; we are invested in these companies, so our views could be biased.
Rajiv Batra of JPMorgan said foreign portfolio inflows into India have been inconsistent as overall flows to emerging markets remain negative.
He noted that developed markets in Europe have been the first destination for capital exiting the US.
However, even a slight reduction in US allocations could lead to increased flows into emerging markets, including India.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.