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.

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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.

Live: Sensex Down 100 Points, Bajaj Auto Skids Over 4%

Sharemasterindia.com 1:40 p.m. Renewed selling pressure seen in afternoon trade. Sensex down over 100 points while Nifty 35 points to hover near 8,600. Bajaj Auto extends losses to over 4 per cent.

1: 33 p.m. SKS Micro surges nearly 5%, the micro-lender reported a 24% growth in net profit in June quarter.SKS Micro is among top stock picks of TS Anantakrishnan, managing director of Religare Portfolio Managers & Advisors.

1:20 p.m. Broader market check-up: BSE midcap index up 0.20 per cent while BSE smallcap gains nearly 1 per cent. Market analyst Ambareesh Baliga suggests investors book some profit in midcap and smallcap stocks.

Ace Investment Advisory's Hot Stocks for 23.07.2015

Ace Investment Advisory's Hot Stocks for 23.07.2015


YESBANK @ 823.10 

Buy YESBANK above 823.10 with strict stoploss below 814 for intraday targets 827/836. Read more Intraday Hot Stock Trading Tips