Wholesale Inflation Falls to -2.36% in May

Sharemasterindia.com: Wholesale prices fell at a slower-than-expected annual rate of 2.36 per cent in May, their seventh straight fall, mainly on the back of plunging oil and manufacturing goods prices, government data showed on Monday.

The data compared with a 2.5 per cent year-on-year fall forecast by economists in a Reuters poll and a provisional 2.65 percent annual decline in April.

Gold Climbs as Greece Fails to Clinch Deal; Fed Meet in Focus

Singapore(Sharemasterindia.com): Gold edged up on Monday as Greece and its creditors failed to strike a deal to avert a debt default, but gains were capped as traders waited for a Federal Reserve policy meeting later this week for clues on the outlook for U.S. interest rates.

Fundamentals

Spot gold had risen 0.1 per cent to $1,181.43 an ounce by 0039 GMT, after posting its first weekly gain in four weeks on Friday.

Bullion got some safe-have support from news over the weekend that talks on ending a deadlock between Greece and its international creditors broke up in failure on Sunday, with European leaders venting their frustration as Athens stumbled closer towards a debt default that threatens its future in the euro.

Cairn India, Vedanta Shares Rise After $2.3-Bn Deal

Mumbai(Sharemasterindia.com): Vedanta Ltd and Cairn India Ltd shares rose on Monday after Vedanta offered to buy out minorities in cash-rich oil unit Cairn India in a $2.3-billion (Rs 14,720 crore at 1 dollar = 64 rupees) deal.

HomeMarket Live: Sensex Jumps 150 Points; HDFC, L&T Lead

Sharemasterindia.com 10:49 a.m.: The Sensex has jumped 147 points to 26,572 and Nifty advanced 36 points to 8,019 on the back of buying in blue-chip stocks such as HDFC, Larsen & Toubro, Reliance Industries and Sun Pharma.

10:20 a.m.: Sun TV Network shares jumped as much as 12 per cent to hit intraday high of Rs 321.60 after falling over 20 per cent since June 5 on concerns that the broadcast major may have to take off its 33 channels off air as the Ministry of Home Affairs has reportedly declined to give the company a security clearance.
10:10 a.m.: After surging over 150 points in the first hour of trade, the Sensex has come off the intraday high levels on the back of selling in banking and power stocks. The Sensex was up 57 points at 26,482 and the Nifty jumped 8 points to 7,991.

Today's Hot Stock Tips (Dated: 15-06-2015)

Today's Hot Stock Tips (Dated: 15-06-2015)

AUROPHARMA @ 1278.45

Buy AUROPHARMA above 1278.45 with strict stoploss below 1267 for Intraday Targets 1287/1297.

Read more Indian Stock Tips