News

Market Watch: Sudarshan Sukhani, Technical Trends

Buy TVS Motor with a stop loss of ₹2,690

Buy Manappuram Finance with a stop loss of ₹266

Buy Godrej Properties with a stop loss of ₹2,300

Market Watch: Mitessh Thakkar, Technical Analyst

Buy Dalmia Bharat for a target price of ₹2,340 with a stop loss of ₹2,218

Buy Bajaj Finance for a target price of ₹980 with a stop loss of ₹929

Sell HUDCO for a target price of ₹217 with a stop loss of ₹230.50

Sell Icici Prudential Life for a target price of ₹610 with a stop loss of ₹644

IFGL Refractories has announced the allotment of bonus equity shares, as informed to the stock exchange.

Brigade Hotel Ventures Ltd., owner and developer of hotels in South India, has fixed a price band of ₹85-90 per share for its ₹759.60-crore initial public offering (IPO). Investors can bid for a minimum of 166 shares and in multiples thereof.

Poonawalla Fincorp

Karan Taurani, EVP, Elara Capital

Gaurav Malhotra, Executive Director, Axis Capital

Sun Pharma | Announces Positive Topline Results From Phase 3 Trials of Tildrakizumab

Alert: Tildrakizumab Is Used For The Treatment Of Psoriatic Arthritis

Mumbai-based private sector lender ICICI Bank Ltd. continues to be one of the few stocks on the Street with no ‘Sell’ ratings. Out of the 52 analysts covering the stock, 49 have a ‘Buy’ call, while the remaining three recommend a ‘Hold’.

The bank reported its June quarter results on July 19, showing year-on-year growth in both core income and profitability. Asset quality remained stable, with gross non-performing assets (GNPA) unchanged from the previous quarter at 1.67%, and Net NPA at 0.41%.

William Lee, The Milken Institute On CNBC-TV18

Brokerage firm Nuvama, which had the highest price target on the street for Reliance Industries at ₹1,801, has marginally trimmed its target to ₹1,767, which still implies a potential upside of 20% from Friday’s closing levels.

Nuvama on RIL

Buy, TP ₹1767

NE ecosystem to ramp up in 4–6 quarters; largest multidecadal growth driver.

Q1 EBITDA at INR429bn (+11% YoY), below est. on weak retail (+13%), O2C (+11%); PAT beat on one-off.

Highlights:

iii)                GH2 production on track to start before PLI deadline of FY27.

Macquarie on RIL

O-P, TP ₹1500

CLSA on ICICI BK

Nomura on ICICI BK

Bernstein on ICICI BK

Nuvama on ICICI BK

GS on ICICI BK

Morgan Stanley on RIL

OW, TP ₹1617

Jefferies on RIL

Buy, TP ₹1726

Nomura on RIL

Buy, TP ₹1,600

CITI on RBL BK

CLSA on RBL BK

IIFL On RBL BKHSBC on RILBuy, TP ₹1630

Foreign Portfolio Investors (FPIs), once the dominant force in Indian equities, continue to hold a significant stake in Indian companies—about 16% of the total market capitalisation at the end of June 2025.

While their aggressive selling has moderated in recent months, FPIs have yet to turn decisively overweight on India, which remains the world’s fifth-largest equity market by value.

Jefferies on Bandhan BK

Macquarie on Bandhan BK

CLSA on Bandhan BK

The Board of Sun TV Network Ltd. has approved the acquisition of a 100% equity stake in Northern Superchargers Ltd., a London-based cricket franchise that competes in The Hundred, a professional league run by the England and Wales Cricket Board (ECB).

Reliance Industries has started the financial year on a strong footing, with Chairman and Managing Director Mukesh Ambani saying the company will maintain its long-term momentum. “Reliance will continue its stellar track record of doubling every 4–5 years,” he said in a statement after the Q1 FY26 results.

Axis Bank’s unexpected spike in bad loans and provisions in Q1 FY26 that dented its profitability was not entirely the result of the bank’s own internal decisions.

CNBC-TV18 has learnt that a regulatory intervention by the Reserve Bank of India (RBI) prompted the bank to revisit its asset classification and stress recognition practices, particularly in its unsecured retail and small business loan portfolios.

Japan’s currency had dropped for two weeks, and bond yields spiked ahead of the vote on concern that a poor showing by Prime Minister Shigeru Ishiba would open the door to more spending and tax cuts. While the ruling Liberal Democratic Party and its partner lost their majority in the chamber, their final tally may be enough to keep Ishiba in the job.

Oil was little changed after its first weekly drop this month, with the focus on trade deal progress and the European Union’s efforts to curb Russian energy exports.

Brent crude held near $69 a barrel after falling 1.5% last week, while West Texas Intermediate was above $67. EU envoys are set to meet as early as this week to formulate a plan for measures to respond to a possible no-deal scenario with US President Donald Trump, whose tariff negotiating position is seen to have stiffened ahead of an Aug. 1 deadline.

Mastek Ltd posted a strong set of numbers for the first quarter of FY26, with net profit rising 28.7% year-on-year to ₹92 crore, compared to ₹71.5 crore in Q1FY25.

Dr. Reddy’s Laboratories received a Form 483 with seven observations from the USFDA following a GMP and Pre-Approval Inspection at its FTO 11 formulations facility in Srikakulam, Andhra Pradesh.

Retail-focused non-bank lender, L&T Finance Ltd, on Friday (July 18) reported a consolidated profit after tax of ₹701 crore for Q1FY26, a 10% sequential and 2% year-on-year rise, driven by robust growth in its retail portfolio and a focus on cost and asset quality. NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.