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Market Watch: Mitessh Thakkar, Technical Analyst

Trading activity in India’s options market has slowed down considerably, more so during the weekly options expiry sessions, after the market regulator Securities and Exchange Board of India (SEBI) took action against a US-based proprietary trading firm, Jane Street, last week.

India’s mutual fund industry reached a record ₹74.41 lakh crore in AUM in June 2025, marking a 13.2% quarterly and 3.1% monthly increase, as per AMFI data. The growth was driven by strong mark-to-market gains and ₹49,095 crore in net inflows—95% of which came from equity and hybrid funds.

Silver prices touched an all-time high on Friday (July 11). On the Multi Commodity Exchange (MCX), silver crossed ₹1.10 lakh per kilogram. In the spot market, silver trades at ₹109.90 per gram, or ₹1,09,900 per kilogram, as per Goodreturns data.

Shares of Tata Elxsi Ltd. are set to react to weak June quarter earnings, reported after market hours on Thursday, July 10. #CNBCTV18Market | Hind Zinc in focus

Silver is at record high, MCX Silver crosses ₹1.10 Lakh/kg pic.twitter.com/vikM6dmoID

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

#CNBCTV18Market | #HUL is top Nifty gainer, up 4% on the appointment of Priya Nair as CEO pic.twitter.com/NuQdnhudOv

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

Mitessh Thakkar, Technical Analyst

On HUL

I do believe that this stock has the potential to head towards levels of around ₹2,650.

On TCS

We had sell calls on HCLTech and Tech Mahindra. TCS could even go down to about ₹3,200, which doesn’t look strong to me. In the short term there will be pressure, and ₹3,200 is the low that the stock hit in April, which could be revisited.

Titan has announced leadership changes effective in 2025 and 2026. Arun Narayan, who currently heads the Tanishq India business, will take over as CEO of Jewellery from January 1, 2026. Kuruvilla Markose, currently CEO of the International Business, will become CEO of Watches from August 13, 2025.

Market opens int the red, dragged by IT stocks following lower-than-expected TCSQ1 earnings. HUL though is higher on Management change & Glenmark up on cancer drug deal

Market Watch: Shrikant Chouhan of Kotak Securities

Market Watch: Mitessh Thakkar, Technical Analyst

 Rupee Check | Rupee Opens At 85.83/$ Vs Thursday’s Close Of 85.64/$ pic.twitter.com/g6TMxYP1IR

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

K Krithivasan, CEO & MD, TCS On CNBC-TV18  

Aarthi Subramanian, ED – President & COO, TCS On CNBC-TV18 #CNBCTV18Exclusive | In an exclusive interview with #GlenmarkPharma CMD, Glenn Saldanha @ekta_batra talks about the largest licensing deal by any Indian pharma co with an upfront payment of $700 m from AbbVie

CNBC-TV18 first talked about expected Glenmark Deal on March 17 in… pic.twitter.com/RNUvw1OXt6

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

Florian Neto, Amundi On CNBC-TV18  

Coming up on CNBC-TV18 

TCS Boardroom: K Krithivasan, CEO & MD, TCS + Aarthi Subramanian, ED – President & COO, TCS + Samir Seksaria, CFO, TCS + Milind Lakkad, CHRO, TCS

Watch Live 

The global brokerage firm Nuvama has initiated coverage of the Indian arm of Hyundai, Hyundai India Motors, with a ‘Buy’ rating. The price target is at ₹2,600.

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