Published on 11/06/2025 01:00 PM
#CNBCTV18Market | #GMDC off lows after sources say govt exploring leveraging #PSUs for rare-earth magnets production, up nearly 2% https://t.co/gctbM0xi4k pic.twitter.com/V2iq4oqoOO
— CNBC-TV18 (@CNBCTV18Live) June 11, 2025
Devang Mehta of Spark Private Wealth highlights three key investment themes—Capex, Consumption, and Credit growth. He sees strong potential in capital goods ancillaries and engineering firms benefiting from India’s manufacturing push. On consumption, he favours discretionary plays like travel, tourism, and organised retail. For credit, he expects banks, NBFCs, and wealth management firms to benefit from expanding financial penetration and rising investments.
Pritesh Mehta, EVP of Yes Securities
Buy Biocon for a target price of ₹385 with a stop loss of ₹335
Buy LIC Housing Finance for a target price of ₹720 with a stop loss of ₹590
Gold prices in India edged up on June 11, gaining ₹180 to ₹97,082 per 10 grams. The rise was supported by a steady US dollar and positive global cues. Intraday prices ranged between ₹97,011 per 10 grams and ₹97,315 per 10 grams. here
BSE Ltd Is Added To the Additional Surveillance Measure List
For at least the next one to two years, Vodafone Idea‘s survival is not at risk, thanks to the recent equity conversion of spectrum dues, said Gaurav Malhotra, Executive Director at Axis Capital. He added that there is scope for further conversion of spectrum-related liabilities into equity over time. here
Amid the crises surrounding the shortage of rare earth metals, the Govt is exploring how India Rare Earths Ltd can be leveraged for the production of rare earth magnets, sources told CNBC TV18.
Officials are also exploring how domestic capacity can be built with private sector collaboration with India Rare Earths Ltd, a Govt of India PSU
The Reliance Industries stocks carried the Nifty 50 index as it traded in green with gains. The company shares jumped in value by ₹25.30 or 1.76%, rising to ₹1,463.60, an 8-month high.
The Indian rupee appreciated by 6 paise to 85.51 against the US dollar in early trade on Wednesday (June 11), supported by strong foreign institutional investor (FII) inflows and a drop in global crude oil prices. here
Nifty crosses 25,200 intra-day, above 25,200 for the first time since October 15, 2024. Reliance Industries is the biggest contributor to Nifty’s gains, up nearly 2% today.
#JustIN | #RekhaJhunjhunwala sells 17.38 lk shares (1.98% eq) of #NazaraTech from June 2-6, stake falls to 5.07% from 7.05% pic.twitter.com/EGIax9fxuD
— CNBC-TV18 (@CNBCTV18Live) June 11, 2025
here
HSBC Global Research remains positive on life insurance stocks, citing low earnings risks and supportive valuations. The brokerage raised price targets by up to 8% on SBI Life, HDFC Life, and ICICI Prudential, despite their recent rally. here
Bluespring On CNBC-TV18
#CustomsDept probing duty evasion under ASEAN-India free trade agmt, notices sent to 2,000 #copper importers for paying low duty for several yrs
Sources to @TimsyJaipuria pic.twitter.com/WxwK4ummNq
— CNBC-TV18 (@CNBCTV18Live) June 11, 2025
According to Prime Database, the IPO pipeline is now larger than ever. A total of 72 companies have already received SEBI clearance for IPOs. These approvals represent a potential fundraising of ₹1.4 lakh crore.
Prashant Paroda of Allspring Global Investments expects India to capture over 20% of emerging market fund flows, with nearly 30% of that likely going to financial stocks. He sees Indian banks and financial institutions entering a catch-up phase after years of underperformance. here
#NewListing | #Bluespring & #Digitide‘s discovered price for listing at ₹89/sh & ₹245/sh respectively
????Alert: Bluespring & Digitide listed on exchanges after #demerger from #QuessCorp pic.twitter.com/8cXHdDhcS2
— CNBC-TV18 (@CNBCTV18Live) June 11, 2025
Autocar India On Short Supply Of Rare-Earth Magnet
Rare-earth Magnet Supply Disruption Is A Major Issue That Ind Is Facing
EV Players Will Be Impacted The Most By Rare-earth Magnet Issue
There Are Multiple Regions Of PV Growth Tapering Off
Unrealistic To Expect High Single-digit Or Double-digit PV Growth On A High Base
United Automobiles
Have 52-53 Days Of Inventory At The Industry Level
Industry Would Start Facing The Issue From September If It’s Not Resolved
Bigger Sale Numbers For EVs Will Start Reflecting In 2026
Industry Would Start Facing The Issue From September If It’s Not Resolved
There Are Multiple Regions Of PV Growth Tapering Off
Unrealistic To Expect High Single-digit Or Double-digit PV Growth On A High Base
Most OEMs Will Have EV In Their Portfolio In 2025
Bigger Sale Numbers For EVs Will start Reflecting In 2026
Talbros Automotive shares jumped up to 8% on June 11 after the company and its joint ventures secured orders worth ₹580 crore from major OEMs. Talbros alone received ₹260 crore in orders, including ₹150 crore in exports, mainly to Europe. The orders span its sealing (gaskets and heat shields) and forging product segments. here
here
The shares of Oil Marketing Companies, or OMCs surged on Wednesday.
Indian Oil Corporation Ltd shares surged by 2.32%
The shares of BPCL rose by 3.55%
Oil and Natural Gas Corporation Ltd shares jumped by 1.44%
Hindustan Petroleum Corp Ltd shares jumped by 3.30%
Shares of GM Breweries and Sula Vineyards jumped up to 17% on June 11, while peers like United Spirits and Allied Blenders declined. The moves follow Maharashtra’s decision to hike excise duty on Indian Made Foreign Liquor, raising the duty calculation to 4.5 times the production cost from 3 times earlier. hereNewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.