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Kaivaan Movdawalla, Partner Ernst & Young India On CNBC-TV18

The shares of HDFC Life slumped after the June data.

Here

June New Biz Premium Down 6%, Q1 Premium Up 15% YoY

June Total APE Up 8% & Retail APE Up 12% YoY

LIC shares declined after the June Insurance Data, in which

June New Biz Premium Down 3%, Q1 Premium Up 3% YoY

June Total APE Down 9% & Retail APE Up 2% YoY

JPMorgan On Vedanta Group

Aditya Agarwala, Head of research and investments, Invest4edu

Buy CONCOR for a target price of ₹650-672 with a stop loss of ₹615

Buy IIFL Finance for a target price of ₹560 with a stop loss of ₹510

Global brokerage firm HSBC has maintained a ‘Buy’ recommendation on FMCG major Marico Ltd. and raised its price target to ₹850 per share. This target implies a potential upside of 16% from Wednesday’s closing price.

United States President Donald Trump on Wednesday (July 9) announced 50% tariffs on the imports of copper in the US. Trump has also threatened to impose 200% tariffs on the imports of pharmaceuticals after a year. Trump’s move, while aiming to strengthen the production and manufacturing of such goods within the US, could impact other economies like Indi,a which export these key materials to different countries.

Shares of Jash Engineering Ltd rose more than 2% on Thursday, July 10, after the company announced the potential acquisition of 80% of WesTech Process Equipment India from WesTech LLC, USA and an additional 10% stake held by employees of the Indian entity.

June Life Insurance Data

June Life Insurance Data: Axis Max Life

June Life Insurance Data: HDFC Life

June Life Insurance Data: ICICI Pru

June Life Insurance Data: SBI Life

June Life Insurance Data: LIC

Market Watch: Apurva Sheth, Head-Research of SAMCO Securities

Buy Nippon Life India with a stop loss of ₹770 and a target of ₹870

Buy Balrampur Chini Mills with a stop loss of ₹580 and a target of ₹660

Shares of Varun Beverages Ltd. declined on Thursday, July 10, as brokerage firm HSBC Global Ratings cut its price target on the stock by over 7%, adjusting for projected weak volumes in the June quarter.

#CNBCTV18Market | #PrestigeEst buzzing in trade, up 3% on positive brokerage note, strong Q1 update pic.twitter.com/m1xlC9eqTj

— CNBC-TV18 (@CNBCTV18Live) July 10, 2025

Gold prices edged higher on Thursday, July 10, as a softer dollar and easing bond yields supported sentiment. Investors watched global trade talks closely after US President Donald Trump widened his tariff war this week.

Travel Food Services Ltd, a major operator of quick-service restaurants and airport lounges in India and Malaysia, is scheduled to finalise share allotments for its ₹2,000-crore Initial Public Offering (IPO) on Thursday, July 10.

The shares of Coal India are in focus after Global brokerage firm JPMorgan has a ‘Neutral’ rating on Coal India, with a price target of ₹415 per share.

The brokerage said that the state-run miner could start posting monthly volume growth from July/August, as the year-ago base becomes more favorable. Last year, July sales were flat year-on-year, while August saw a 12% YoY decline.

Viceroy Research, the short-seller, who issued a report on Anil Agarwal-owned mining conglomerate Vedanta, believes that the parent company of the listed entity will default on its repayments in the near future.

Market Watch: Sacchitanand Uttekar, VP- Research (Derivatives & Technicals) at Tradebulls

Saurabh Mukherjea, Founder, Marcellus Investment Managers

The shares of Sun Pharma declined by over 1% on Thursday after the US FDA made observations on Sun Pharma’s Halol Unit.

US FDA Observations: Sun’s Halol Unit

Tata Consultancy Services Ltd. (TCS), India’s largest technology services company, is set to report its June quarter results after market hours on Thursday, July 10. As per the CNBC-TV18 poll, the company’s US Dollar revenue and net profit are both likely to see little change compared to the December quarter. Catch all the live updates here

Shares of the recently-listed Crizac Ltd. gained over 6% on Thursday, July 10, as Sunil Singhania’s Abakkus Asset Manager Pvt Ltd. bought stake in the company on the day of its listing.#JustIN | CNBC-TV18 accesses the US FDA’s observations on #SunPharma’s Halol Unit

Lab controls do not include scientifically sound & appropriate test procedures, and equipment & utensils are not maintained at appropriate intervals

Do not have complete info w.r.t the production… pic.twitter.com/jNEfJZ80Zv

— CNBC-TV18 (@CNBCTV18Live) July 10, 2025

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