News Image
CNBCTV18

Sensex Today | Stock Market LIVE Updates: Nifty crawls towards 25,550; defence shares decline

Published on 07/07/2025 11:06 AM

According to Bloomberg, Capgemini will acquire WNS for $76.50 per share in an all-cash deal.

Shivangi Sarda, Analyst – Derivatives, Wealth Management at Motilal Oswal Financial Services

Buy CDSL for a target price of ₹1,850 with a stop loss of ₹1,750

Buy L&T Finance for a target price of ₹218 with a stop loss of ₹203

Manish Sonthalia, CIO, Emkay Investment Managers On CNBC-TV18

CNBC-TV18 Exclusive | Defence Secy To CNBC-TV18#JustIN | #InfoEdge Q1 Update

–Standalone Billings Up 11.23% At ₹644.2 Cr Vs ₹579.4 Cr YoY

–Recruitment Billings Up 9%, Real Estate Billings Up 16% YoY pic.twitter.com/yf9zJfDO7m

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

 

Akzo Nobel bounced back in trade, trimming losses and trading nearly 2% above its intraday low.

Kalyan Jewellers, based in Thrissur, Kerala, posted a 31% year-on-year increase in consolidated revenue for Q1 FY26.

Read Full Article

Varun Kapur of Travel Food Services told CNBC-TV18 that the company expects strong business momentum to continue.

He added that since they work closely with airport partners to run lounges, the business wouldn’t be significantly affected even if lounge operations shift away from Dreamfolks.

Dr. D K Sunil, CMD, Hindustan Aeronautics Ltd (HAL) On CNBC-TV18

Copper and other industrial metals extended losses after US President Donald Trump injected fresh uncertainty into his trade agenda with a pledge to impose a 10% tariff on any country aligned with the BRICS bloc of nations.

 

 Prakash Diwan, Market Expert

On markets

By and large, the market will continue to march ahead on the anticipation of improvement in numbers. June quarter updates, while they might be a mixed bag for the banking sector, for example, but some of the gold jewellery companies, some of the FMCG plays, they have started giving some sort of a promise.

And if that were to happen, you’ll probably see a very strong sector rotation as well, because there are sectors which have still not participated in this over the last two months, and my sense is that the market will probably look for opportunities there.

On IndusInd Bank

We have had a fallout which has been fairly drastic in terms of what impact it has. It’s no surprise that some of the metrics will start decorating. But what is interesting is that the market is pencilling in a hope trade here that nothing more could go wrong.

There’s not much of worse news flow that would hit the stock. And whatever happens is going to be incrementally positive. So that’s the reason why the short term moves probably look a bit deceptive.

But these things need much more effort, time, resources to repair. IndusInd Bank will have to go through that grind. Don’t expect fireworks just because some new CEO gets appointed.

You will have to have a CEO, but it won’t make such a big difference till the organic improvement happens. So not something which I like, especially when you have much more promising plays in the same space available in the same size available. So I would give it a pass.

Smartworks Coworking Spaces has fixed a price band between ₹387 and ₹407 per share for its initial public offering (IPO) that will open for subscription on July 10 and conclude on July 14. Investors can bid for a minimum of 36 shares and in multiples thereof.

According to Harshit Kapadia of Elara Capital on CNBC-TV18, Bharat Dynamics and Bharat Electronics (BEL) are expected to benefit the most from the recent Defence Acquisition Council (DAC) approvals.

Additionally, the government is aiming to encourage domestic drone manufacturers to cut reliance on Chinese components.

Futures on Wall Street are trading with losses at the culmination of the long Independence Day weekend ahead of US President Donald Trump’s looming reciprocal tariff deadline.

Borosil Renewables shares rose 3% after its German subsidiary filed for bankruptcy.

Read Full Article

 #CNBCTV18Market | Market opens flat, Nifty below 25,500 pic.twitter.com/IVMEVNiL5C

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

Puravankara plans to redevelop eight housing societies in Mumbai, with an estimated gross development value (GDV) of ₹2,100 crore.

DCX Systems | Granted an Industrial License to Manufacture Defence Equipment

Federation of Automobile Dealers Associations (FADA), Auto Data

Q1 Overall Retail Volumes Up 4.85% YoY

Q1 Two-Wheeler Retail Volumes Up 5%, Three-Wheeler 11.8%, Tractor 6.3%

Q1 Passenger Vehicle Retail Volumes Up 2.6%, Commercial Vehicle Up 1% YoY

FADA June Data

Total Sales Down 9.4% MoM & Up 5% YoY At 20.03 Lakh Units

Two-wheeler Sales Down 12.48% MoM & Up 4.73% YoY At 14.46 Lakh Units

Commercial Vehicle Sales Down 2.97% MoM & 6.60% YoY At 73,367 Units

 #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.

Read Full Article

#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

 

NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.