Sensex Today | Stock Market LIVE Updates: Nifty remains at 25,220; MRF shares hit record high

Newsbreak confirmed — the Cabinet has approved NLC India‘s proposal to invest ₹7,000 crore in renewable energy projects.

Sources say DLF is set to launch its Mumbai project tomorrow, with apartment sizes ranging from 1,126 to 1,511 square feet and prices between ₹4.2 crore and ₹7.2 crore.

The per sq ft price is expected to range from ₹37,270 to ₹47,875.

The Cabinet has approved a ₹20,000 crore investment by NTPC in renewable energy projects.

Additionally, it has cleared an annual outlay of ₹24,000 crore for the Agriculture District Plan.

LT Foods‘ subsidiary has forayed into the business-to-consumer (B2C) segment and is aiming to generate ₹400 crore in revenue from the European market.

UK inflation unexpectedly climbed to its highest level since January 2024, driven by rising food prices and sparking renewed criticism of the Labour government’s tax policies.

Read Full ArticleICICI Lombard declined over 3% from its intraday high during the trading session.

#CNBCTV18Market | M&M recovers from day’s low by nearly 4% pic.twitter.com/ocGw0Whqm8

— CNBC-TV18 (@CNBCTV18Live) July 16, 2025

Here are a couple of stock recommendations by Jay Thakkar of ICICI Securities

Buy LIC Housing Finance for a target price of ₹655-670 with a stop loss of ₹625

Buy Bank of India for a target price of ₹125-128 with a stop loss of ₹114

Buy Varun Beverages for a target price of ₹500-515 with a stop loss of ₹465

RBL Bank is in focus after its June shareholding data showed a notable rise in mutual fund holdings since March 2025.

Foreign Portfolio Investors (FPIs) also raised their stake to 17.6% from 14.4% in the same period.

ITC Hotels

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Analysts remain upbeat on HDFC Life Insurance Company following its Q1FY26 earnings, with some projecting an upside of up to 19% from the last closing price.

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SBI Board approves raising up to ₹20,000 Cr via bonds in FY26

#CNBCTV18Market | Market off lows, #Nifty back above 25,200 pic.twitter.com/M8oNpSoNUt

— CNBC-TV18 (@CNBCTV18Live) July 16, 2025

The initial public offering (IPO) of Bengaluru-based Anthem Biosciences has garnered healthy investor interest, with the subscription period set to close on Wednesday, July 16.

The IPO was subscribed 9.78 times so far on the third and final day of the bidding process.

BofA Global Research On CNBC-TV18

Gold Needs To See More Investor Buying

Shortage Of Copper Ores Is Turning Out To Be An Issue

The shares of NLC surged by over 3% after the central government is likely to greenlight a proposal allowing coal-sector public sector undertaking (PSU) NLC India Limited to step up its renewable energy (RE) investments, government sources told CNBC-TV18.

CNBC-TV18 ACCESS

Govt Sources Say

CCEA Likely To Allow NLC India To Invest Further In Renewable Energy

Cabinet Approval To Allow NLC India To Exceed Allowed Investment Threshold In A JV

Pritesh Mehta, Executive VP at Yes Securities

Buy Manappuram Finance for a target price of ₹330 with a stop loss of ₹250

Buy Canara Bank for a target price of ₹145 with a stop loss of ₹105

Elara Capital projects that India’s two-wheeler segment will outpace the growth of passenger and commercial vehicles in FY26, supported by a rural rebound and strong festive demand.

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SML Isuzu rebounded sharply, rising nearly 8% from its intraday low.

DB Corp Q1 Results

President Donald Trump told reporters on Tuesday (July 15) that he plans to place tariffs of over 10% on smaller countries, including nations in Africa and the Caribbean.

Sources indicate the government may explore further consolidation among public sector banks (PSBs) and general insurers, as part of efforts to create larger, stronger financial institutions.

A proposal to raise the 20% foreign direct investment (FDI) cap in PSBs is also under consideration, intending to attract more foreign capital into the Indian banking sector.

Mitessh Thakkar of earningwaves.com

Buy Maharashtra Seamless with a stop loss of ₹719 and a target of ₹765-770

Buy Alkem Laboratories with a stop loss of ₹4,985 and a target of ₹5,080

Premier Explosives Limited has received an export order for a total consideration of $12,240,000, i.e. approx. ₹105 crore, for the manufacture and supply of Defence Explosives, to be delivered within a period of 12 months

JioBlackRock gets SEBI nod to launch 4 passive funds

According to sources, Veranda Learning is likely to raise up to ₹380 crore through a Qualified Institutional Placement (QIP), possibly launching this week.

The issue is expected to be priced at a significant discount to the current market price.

The fundraise aims to reduce the company’s high-cost debt, reported at around ₹870 crore at the end of FY25.

Click for MoreHDFC LIFE IN FOCUS: WEAK COMMENTARY FROM MANAGEMENT POST Q1 EARNINGS

▶️HDFC Life expects growth in FY26 to be lower than FY25

▶️APE growth is seen at 16-18% in FY26 vs 18% in FY25

▶️Also, company expects Q2 to be sluggish pic.twitter.com/iJrRZ7bD7Q

— CNBC-TV18 (@CNBCTV18Live) July 16, 2025