M&M Gains on Aerospace Deal With Airbus

Sharemasterindia.com: Shares of Mahindra & Mahindra (M&M) gained on Tuesday after its subsidiary clinched a contract from aircraft manufacturer Airbus at the Paris Air Show.

Mahindra Group subsidiary Mahindra Aerospace bagged a multi-year contract to manufacture aero-components. The value of the contract was not disclosed. The Mahindra group had set up its utility aircraft and aerostructure manufacturing operation with Mahindra Aerospace in 2008.

Live: Sensex Subdued, Nifty Slips Below 8,000

 Sharemasterindia.com 11:40 a.m.: Market expert, Ajay Bagga says that the Indian markets are going down and if problems in Greece aggravate then Nifty can fall to 7,500-7,600 levels.11:32 a.m.: Reports suggest that the government is planning to sell 3 per cent stake in Bharat Petroleum. BPCL stocks were down 0.4 per cent at Rs 830.

11:27 a.m.: Russia's Rosneft is in talks to buy stake in Essar Oil. Share price reacts negatively to this development, down 2.3 per cent at Rs 143.05

Sure Shot Hot Stock Tips (Dated: 16-06-2015)

Sure Shot Hot Stock Tips (Dated: 16-06-2015)

SRTRANSFIN @ 819

Buy SRTRANSFIN above 819 with strict stoploss below 812 for Intraday Targets 824/832.

 

Read more Intraday Hot Stock Trading Tips

Sensex Gains Over 150 Points, Nifty Ends Above 8,000

Sharemasterindia.com 3:40 p.m.: The markets ended today's trading session on a positive note. The Sensex jumped over 150 points and the Nifty closed above 8,000 on the back of buying in auto, pharma and oil & gas and IT stocks.

In the intraday deals, the Sensex touched high of 26,729 and low of 26,308 and the Nifty moved in a range of 113 points. The Sensex came off the intraday high levels as losses in banking, metal, power and consumer durable stocks capped gains.

Banking, metal and power stocks faced the heat of selling pressure. The Bank Nifty ended 0.4 per cent lower at 17,459 and the PSU Bank index fell 1.5 per cent.

Nifty Gainers/ Losers

Nifty Gainers/ Losers
 

Gainers
Symbol	LTP	% chng	Volume
CAIRN SUNPHARMA IDEA M&M HDFC	187.85 840.50 175.50 1,220.70 1,215.05	3.93 3.31 2.96 2.33 2.07	71,16,562 34,84,512 26,43,279 5,71,317 21,71,835

Losers
Symbol	LTP	% chng	Volume
POWERGRID ACC BANKBARODA KOTAKBANK INDUSINDBK	141.10 1,371.50 143.75 1,285.60 796.00	-2.96 -2.19 -2.18 -1.94 -1.83	15,84,828 2,09,129 32,76,523 8,44,294 5,23,883

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