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#CNBCTV18Market | PSU Banks lower, #UnionBank down over 2% pic.twitter.com/csnc723Bln

— CNBC-TV18 (@CNBCTV18Live) July 17, 2025

Aloke Bajpai, Chairman, MD & Group CEO of Le Travenues Technology (ixigo) on CNBC-TV18#CNBCTV18Market | L&T Tech Services rebounds from the lows, now up over 3% pic.twitter.com/Wrs0KvuTav

— CNBC-TV18 (@CNBCTV18Live) July 17, 2025

Sterlite Technologies has partnered with Hygenco to set up Maharashtra’s first green hydrogen and oxygen plant.

This plant will support the company’s optical fibre manufacturing, making the process more eco-friendly.

In the April–June 2025 quarter, ABB Global’s orders from the India region fell by 9% compared to the same period last year.

However, this may not strongly impact ABB India, because:

Former SBI Chairman Dinesh Khara says that it may be difficult for foreign banks to fully participate in India unless they are given enough voting rights (influence in decision-making).

Abizer Diwanji from NeoStratAdvisorsLLP adds to the discussion, saying that India doesn’t need a large number of small banks, but instead needs a few big banks that can support its large and growing economy. He also suggests that the time has come to treat Indian and foreign banks the same and remove the distinction between them.

Waaree Renewable Technologies‘ shares have gone up for the third day in a row on Thursday, July 17, as investors look ahead to the company’s June quarter results.

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Market Watch: Mitessh Thakkar, Technical Analyst

Buy AWL Agri Business for a target price of ₹300 with a stop loss of ₹269

Buy Torrent Pharma for a target price of ₹3,600 with a stop loss of ₹3,475

NMDC is in focus because iron ore prices have been rising. The SGX iron ore futures have gone up by nearly 10% in the past month, which could benefit NMDC, a major iron ore producer.

Nikhil Nigania , Director, Sr. Analyst , Bernstein

Shalu Agrawal, Director of Programmes, Council on Energy, Environment and Water (CEEW)

Anil Razdan, Chairman, Energy and Environment Foundation,  Former Power Secretary

ALOKE BAJPAI, CHAIRMAN, M-D & GROUP CEO OF IXIGO On CNBC-TV18

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On Thursday, July 17, the rupee strengthened by 12 paise, reaching 85.80 against the US dollar.

This happened because global oil prices fell, and there is optimism about progress in India-US trade talks.

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Mahindra Logistics | Board Approves Issuing Shares Worth ‘₹749 crore At ₹277/Sh Via Rights Issue

The record date for the rights issue will be July 23

HDFC Securities On CNBC-TV18

Smartworks Coworking Spaces made its stock market debut on Thursday, July 17, and its shares listed at a 7% higher price than expected.

The stock opened at ₹436.10 on the BSE and ₹435 on the NSE, compared to its issue price of ₹407.

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Shalu Agrawal, Director of Programmes at Council on Energy, Environment and Water

Nikhil Nigania, Director, Sr Analyst at Bernstein

Anil Razdan, Chairman, Energy and Environment Foundation & Former Power Secretary

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Airtel has partnered with Perplexity, an AI-powered search tool, to give all 360 million Airtel users free access to its premium version, Perplexity Pro.

Normally, the tool costs ₹17,000 a year, but Airtel customers will get it for free.#CNBCTV18Market | Pharma stocks higher, #NatcoPh & #AjantaPh up over 2% each pic.twitter.com/igwD7qJMtQ

— CNBC-TV18 (@CNBCTV18Live) July 17, 2025

Waaree Energies down over 1% after co calls off acquisition deal

Dinesh Khara, Former Chairman SBI

Dipan Mehta from Elixir Equities says they are still holding their investment in Dixon Technologies, but he wouldn’t recommend buying the stock at current high prices. He notes the stock is expensive, trading at 126 times its earnings (P/E ratio). Instead, he suggests buying only if the stock falls by 10–20%, which would offer a better entry point.

Angel One’s stock is currently cheap, so it’s worth watching. If the price falls further, it could become a good investment opportunity. He cautions that Angel One is not a company to ignore — it has a bold and ambitious management team, and he expects it to grow steadily in the coming years. He also highlights that the trend of people investing more of their savings (called financialisation of savings) is a long-term growth story, and companies in this space are worth paying attention to.

Mehta says the recent QIP (Qualified Institutional Placement) by SBI is important because it strengthens the bank’s financial position. He believes SBI could now grow faster than many private banks and even beat the industry average in terms of growth. He calls SBI a strong large-cap stock with a great balance of low risk and steady returns, making it a safe and reliable investment for the long term.

Shares of Le Travenues Technology Ltd., parent company of travel aggregator Ixigo surged as much as 12% on Thursday, July 17, in response to the company’s June quarter results.

The ₹3,395-crore initial public offering (IPO) of Anthem Biosciences Ltd. was subscribed 63.86 times at close, thanks to strong support from qualified institutional buyers (QIBs).

Anthem Biosciences IPO received bids for 281.45 crore shares, in comparison to 4.40 crore shares on offer. The strong investor participation was seen on the back of the company’s growth prospects as global big pharma turns to India to limit its reliance on supplies from China.

Trideep Bhattacharya, Edelweiss AMC On CNBC-TV18

PSU bank consolidation disco: Abizer Diwanji, Founder, NeoStrat Advisors and Dinesh Khara, Former Chairman SBI

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PNC Infratech‘s shares rose over 6% after the company was chosen as the lowest bidder for a solar power project by NHPC, increasing its chances of winning the contract.#CNBCTV18Market | JTL Industries down nearly 5% after weak #Q1 results pic.twitter.com/bvCBdsOgcC

— CNBC-TV18 (@CNBCTV18Live) July 17, 2025

Tilaknagar Industries has won a legal case in the Bombay High Court, which ruled in the company’s favour regarding ownership rights of the Mansion House and Savoy Club trademarks.

Shares of Le Travenues Technology (ixigo) surged nearly 9% following strong first-quarter earnings.

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