Sensex Today | Stock Market LIVE Updates: Nifty remains below 25,200; Bajaj Auto, TCS among losers

Siddarth Bhamre, Head of Institutional Research at Asit C Mehta Investment: “The beauty and personal care segment constitutes around 36% of the topline for HUL. And mind you, this is the highest margin segment, around 25% for HUL. So, now with a new leader who has extensive experience in the space, and probably bringing a lot of international experience also with her, I believe the growth rate in this segment, which was very tepid at around 1%, if that goes to 4-5%, I think HUL would see a significant re-rating. Last five years the stock has not done anything- earlier there was a lot of demand issues first pertaining to rural and then urban stagnation. We feel that if the demand revives, a combination of premium products coming up, margins expanding, I believe this would lead to re-rating of HUL.”

Mahindra Logistics Ltd (MLL) on Friday said its board has approved raising up to ₹750 crore through a rights issue of fully paid-up equity shares. The issue will be offered to eligible shareholders as on a record date that will be announced later.

Union Minister for the Ministry of Heavy Industries (MHI) HD Kumaraswamy has announced a new policy to incentivise the sale of electric trucks in India under the PM E-Drive initiative.

Kumar Rakesh, India Analyst-Auto & IT, BNP Paribas

TCS

Market Watch: Rajesh Palviya of Axis Securities

Gold prices are in a consolidation phase and may move upward in the coming months, according to Emkay Wealth Management’s latest Navigator report.

The International Energy Agency (IEA) has cut its 2025, 2026 oil demand growth estimates by about 20,000 bpd.

#JustIn | #NewIndiaAssurance To CNBC-TV18;

????IRDAI’s inspections are not adversarial

????During the course of the Inspection, #IRDAI made few procedural observations https://t.co/Za4li4P4SG pic.twitter.com/jufDBYRaaa

— CNBC-TV18 (@CNBCTV18Live) July 11, 2025

#NewsFlash | CNBC-TV18 Newsbreak Confirmed;

▶️Government will soon launch a scheme to make rare-earth magnets in #India. Rare-earth Magnet Scheme will have an outlay of ₹1,345 Cr, says Minister of heavy industries, H. D. Kumaraswamy pic.twitter.com/dv0KQIg0n3

— CNBC-TV18 (@CNBCTV18Live) July 11, 2025

Market Watch: Sudeep Shah, Head-Technical & Derivatives Research, SBI Securities

Puravankara Q1 Biz Update

Sales Value Up 6% At ₹1,124 Cr Vs r̥₹1,064 Cr (YoY)

Sales Volume At 1.25 msf Vs 1.29 msf (YoY)

Avg Price Realisation Up 9% At `8,988/sqft Vs `8,246/sqft (YoY)

#NewsFlash | Mahindra Logistics to raise up to ₹750 Cr of equity through rights issue pic.twitter.com/2kObFGsT6R

— CNBC-TV18 (@CNBCTV18Live) July 11, 2025

The shares of VIP rose on Friday. The promoters of VIP Industries are in talks to sell a stake in the company, sources with knowledge of the matter told CNBC-TV18.

ICICI Lombard Responds To The Report On IRDAI’s Show-cause Notice

ICICI Lombard To CNBC-TV18

Elecon Engg Q1

Sources To CNBC-TV18

Shares of Mankind Pharma Ltd. gained nearly 6% on Friday, July 11, after brokerage firm Jefferies increased its price target on the healthcare firm, projecting an potential upside to 18% from its previous closing price.

The Metropolitan Stock Exchange of India Limited (MSE), formerly known as MCX-SX (MCX Stock Exchange), has unveiled plans to raise ₹1,000 crore as part of its ongoing revival strategy.

Glenmark Pharma circuit opens, now up more than 16%

Bansal Wire On CNBC-TV18

The Nifty Midcap 100 index has declined significantly. Some of the major losers at the end are as follows.

IREDA shares declined by 4.68%

Premier Energy shares dipped by 3.21%

BSE shares dropped by 2.89%

Tata Elxsi shares fell by 2.66%

Solar Industries shares declined by 2.56%