You can follow us on Twitter: @CNBCTV18Live @CNBCTV18News
And on Facebook, LinkedIn, Instagram and Telegram
MARKET THIS WEEK
Market Gives Up Gains Of Last Week, Sensex & Nifty Down 1% Each
Broader Mkts Underperform With Nifty Bank & Midcap Index falling 2% Each
Pharma & IT Gain The Most This Week With Sectoral Indices Up 2-3%
35 Nifty Stocks Give Negative Returns, Eternal, Adani Ports, Tata Steel Top Losers
Tech Mah, ONGC, Wipro, Grasim, HCLTech, DRL Are Top Nifty Gainers
Capital Market Plays Are Amongst Top Midcap Losers This Week
Angel One, USL, Paytm, BSE, CDSAL & CAM Are Amongst Top Midcap Losers
MARKET AT CLOSE
Market Closes In The Red But Off Lows Tracking Geopolitical Tensions
Nifty Holds On To Key Support Levels, Ends The Session Above 24,700
Financials Underperform With HDFC Bk, Kotak & IndusInd Dragging Nifty bk
Sensex Falls 573 Points To 81,119 & Nifty 170 Points To 24,719
Nifty Bank Slips 555 Points To 55,527 & Midcap Index 213 Points To 58,227
Defence Names See Buying As Geopolitical Tensions Rise, BEL, HAL Up 2% Each
Gold Financiers Gain Tracking +ve Move In Precious Metals, Manappuram Up 3%
Upstream Oil Cos Rise While Downstream Cos Slip As Crude Surges
Zee Ent Extends Gains Ahead Of June 16 Board Meet, Up 9% This Week
Jubilant Food & Jubilant Ingrevia Surge while Jubi Pharmova Slip Post Block Deals
IndiGo Slips 4% On Reports Of Promoter Stake Sale & Crude Gain
Capital Market Plays Cotninue To See Downmove, Angel One & CAMS Top Losers
IREDA, Canara, PNB Hsg, Granules, NMDC, Union Bank Are Top Midcap Losers
Market Breadth Favours Declines, Advance-Decline Ratio At 1:2
“It is some challenging times that market is witnessing right now. We saw a gap down opening, and right now we are seeing a bounce. So unless and until we see a Nifty closing about 24,900 levels, I think the near term trend is damaged. If you see a close now below 24,400 or whenever that happens, that would trigger further sell off coming towards 23,500 to start with.
Likewise even Bank Nifty, 57,000-57,500 our technical target was met with. Right now it is showing some signs of weakness and in sync with Nifty if 55,000 level breaks, then we see a further down slide.”
Sammaan Capital has announced an offer to all debenture holders for the premature redemption of its non-convertible debentures (NCDs), citing robust domestic debt capital flows following recent policy measures by the Reserve Bank of India. The company said the bonds eligible for early redemption include those maturing up to September 2025, with an outstanding value of nearly ₹2,500 crore.
Rare earth magnet supply remains a key concern for VE Commercial Vehicles (VECV), according to Vinod Aggarwal, Managing Director and CEO. Read more here
#FromMoneycontrol | Hind Zinc in focus:
▶️Govt may delay co’s stake sale amid strong dividend inflows
▶️Centre at a later stage may explore a staggered approach for stake sale pic.twitter.com/R5WBQFV20L
— CNBC-TV18 (@CNBCTV18Live) June 13, 2025
Read more here
Nomura’s Robert Subbaraman expects the Federal Reserve to hold off on rate cuts until December, despite May’s softer inflation data. The CPI rose only 0.1% month-on-month, below expectations, bringing annual inflation to 2.4%. Read more here
Market Watch: Hemen Kapadia of DRChoksey Finserv
Buy Alkem Laboratories for a target price of ₹4,980 with a stop loss of ₹4,680
Buy Apollo Hospitals for a target price of ₹7,300 with a stop loss of ₹6,850
Kernex Microsystems joint venture (JV) gets Letter of Acceptance (LoA) for Kavach order worth ₹311 crore from Southern Railways, Chennai.
15.42 lakh shares (1.77% eq) worth ₹190 crore change hands at ₹1,227.50 per share.
Now at a record high, up over 2% for the 7th straight session.
#CNBCTV18Market | Brent off day’s high, back below $74/bbl pic.twitter.com/tUYpIHpTLA
— CNBC-TV18 (@CNBCTV18Live) June 13, 2025
Union Finance Minister Nirmala Sitharaman is likely to chair a performance review meeting with the heads of public sector banks (PSBs) on June 27, sources said. This development follows the 29th Financial Stability and Development Council (FSDC) meeting held in Mumbai on June 10. At the FSDC meeting, Sitharaman pushed for a more citizen-friendly financial system. Read more here
Ajit Banerjee, President & CIO, Shriram Life Insurance
Auto Sector
“Our house view is a bit pessimistic at this point in time because there are headwinds in terms of input cost, as well as even for the EV sector, there is uncertainty about rare earth magnets, plus export opportunities are also getting limited.
So, there would be, near term, some amount of not so favourable terms for the sector. So that’s the reason one needs to be avoiding it for any fresh exposure or rather cut short the position also if need arises.”
PSU Sector
“The first six months were doing well last year, and then the next six months it fell out of favour, and then again after the geopolitical crisis in our country and some of the companies, their products have been demonstrated. It was almost like a practical application of their products, so that is the reason it has ignited a lot of interest now and there is merit in their capacities as well as their quality.
So, that is something, once again, that has brought it back to the limelight. And I guess that is going to be because any strong nation needs to fortify itself adequately, and India has shown that resilience, and that is what actually is helping the sector pretty well.”
IndiGo in focus, down nearly 5% after sources say promoter stake sale likely
Read more here
Read more here
#OnCNBCTV18 | Do not see any change in fuel retail prices till crude remains below $80/bbl. Recent crude surge will have an impact on the #auto marketing margin
Crude in $60-70/bbl range is ideal for the Indian market, says MK Surana, Former CMD of #HPCL to CNBC-TV18 pic.twitter.com/6t25iNgupg
— CNBC-TV18 (@CNBCTV18Live) June 13, 2025
Shares of L&T Finance Ltd. on Friday, June 13, declined after brokerage firm UBS downgraded its rating but raised its price target by 18.6%. UBS has downgraded its rating on the stock to “neutral” from its earlier rating of “buy” but has raised its price target from ₹177 to ₹210 apiece, implying an upside potential of 16.3% from Thursday’s closing price. Read more here
India’s defence companies are bucking the trend in what has been an otherwise sombre day for India’s equity markets. The deteriorating geopolitical scenario between Israel and Iran has led to a surge in shares of Defence companies. Read more here
#OnCNBCTV18 | #QuantMF, #Blackrock, #3P participated in QIP issue. Annual spend on #technology is around ₹90 cr
Will grow AUM to ₹50,000 cr in 3 years. Won’t see a negative surprise on the asset quality front
Rajesh Sharma, #CapriGlobal on CNBC-TV18 pic.twitter.com/M620VjYBAA
— CNBC-TV18 (@CNBCTV18Live) June 13, 2025
Market Watch: Manas Jaiswal, Technical Analyst at manasjaiswal.com
Buy Manappuram Finance for a target price of ₹285 with a stop loss of ₹269
Buy Oracle Financial Services Software for a target price of ₹9,900 with a stop loss of ₹9,450
Pranav Gundlapalle, Sr Analyst-India Financials, Bernstein On CNBC-TV18
Abizer Diwanji, Founder, NeoStrat Advisors LLP On CNBC-TV18 
#CNBCTV18Market | IT stocks recover, #Coforge now up more than 1% pic.twitter.com/QZCylFUBKX
— CNBC-TV18 (@CNBCTV18Live) June 13, 2025
Shares of Shipping Corporation of India Ltd. (SCI) and GE Shipping Ltd. gained 5% and 3%, respectively, on Friday, June 13, bucking the trend in an otherwise weak market. The stocks are among the top and a few gainers on the Nifty 500 index today. Stocks have surged after Israel launched precise and pre-emptive attacks on Iran’s nuclear program in the early hours of Friday, resulting in the deaths of many commanders and scientists, a news confirmed by Iran’s Supreme Leader Ayatollah Khamenei. Read more here
The Indian rupee breached the 86 mark against the US dollar in early trade on Friday (June 13) after Israel launched strikes on Iran, escalating fears of a wider Middle East conflict. The rupee opened at 86.14 per dollar, down 55 paise from Thursday’s (June 12) close of 85.60. This marks the sharpest single-day decline in recent weeks. Read more here
News
Live TV
Market
Popular Categories
Calculators
Trending Now
Let's Connect with CNBCTV 18
Network 18 Group :
©TV18 Broadcast Limited. All rights reserved.
