Wipro To Be Strategic IT partner To US-Based DSM

Sharemasterindia.com: Wipro on Wednesday announced that it has been selected by DSM, a global, science based company active in health, nutrition and materials, as its strategic IT partner to provide Workplace Services.

Pidilite Industries Shares Surge 5% As Q1 Net Jumps 33%

Sharemasterindia.com: Pidilite Industries shares surged as much as 4.6 per cent on Wednesday after the manufacturer of adhesives and chemicals posted strong June quarter earnings.

Pidilite Industries, which owns the Fevicol brand of adhesives, reported a 33 per cent jump in net profit for the quarter ended June 30, 2015. Its net profit rose to Rs 225 crore in the June quarter from Rs 168 crore during the same quarter of the previous year.

SpiceJet Extends Gains to Fifth Day, Jet Soars 10%

Sharemasterindia.com: Shares of SpiceJet soared over 5 per cent on Wednesday while Jet Airways surged 11 per cent. Budget carrier SpiceJet announced second consecutive quarterly profit, lifting sentiment in aviation stocks.

SpiceJet shares have extended their gain to the fifth straight day, surging nearly 25 per cent.

The outlook for aviation sector has improved after a fall in aviation fuel prices, which account for nearly 40 per cent of the operating expenses of airlines in India.

Live: Sensex Edges Higher, Nifty Above 8,350

Sharemasterindia.com 10:03 a.m.: SpiceJet shares advanced 5.6 per cent to hit 52-week high of Rs 28.10 after the company posted its best ever first quarter numbers yesterday.

9:56 a.m.: Sensex jumps 83 points to 27,542 and Nifty gains 24 points to 8,361.

9:47 a.m.: Won't put my money in companies with high price to earnings ratio like Sun Pharma or TCS, says Shankar Sharma of First Global.

Ace Investment Advisory's Hot Stocks for 29.07.2015

 Ace Investment Advisory's Hot Stocks for 29.07.2015

LAOPALA @ 430.25

Buy LAOPALA above 430.25 with strict stoploss below 424 for intraday targets 434/443.

Read more Intraday Hot Stock Trading Tips 

Nifty Gainers/ Losers

Nifty Gainers/ Losers

Gainers
Symbol	LTP	% chng	Volume
CAIRN TATAMOTORS DRREDDY M&M MARUTI	177.10 400.75 3,925.00 1,357.85 4,235.00	6.08 2.88 2.01 1.16 1.05	1,00,37,332 93,02,615 5,31,642 11,51,794 2,19,157

Losers
Symbol	LTP	% chng	Volume
LUPIN BAJAJ-AUTO ZEEL HINDUNILVR TCS	1,728.45 2,482.30 395.30 904.35 2,491.00	-5.24 -5.22 -2.93 -1.75 -1.47	48,53,407 16,05,633 26,70,728 10,21,118 6,82,078

Do visit for: NSE Top Gainers & Losers

Cairn India Jumps 13%; CLSA Says 50% Upside Possible

Sharemasterindia.com: Cairn India shares surged as much as 13 per cent on Thursday after the Financial Times newspaper reported that the company's former parent - UK-based Cairn Energy - will vote against a proposal that involves merging Cairn India with its subsidiary Vedanta Limited.
 
In 2011, Cairn Energy had sold its controlling stake in Cairn India to Vedanta for $8.67 billion. Cairn Energy is now the biggest minority stake holder in Cairn India with 9.9 per cent stake.