Latest Today Stock Market Headlines for 9 June 2016

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• Sensex falls over 150 pts, Nifty breaks 8250; IT, FMCG drag 
• Infosys warns of 200 bps Q1 margin cut on visa, salary costs 
• Mohandas Pai: Why TN allowing unions for IT cos is bad news 
• Read and watch: Speech of PM Modi in US Congress 
• GST Bill: Govt puts ball in Amit Mitra’s court 
• GST passage, no Brexit vote to propel mkt to 8700-8800: PL 
• India inflation likely edged up to 5.52 % in May: Poll 
• Infosys dives 4% on cautious stance over cost hurting margins 
• Annual report review: CLSA retains underperform rating on HUL 
• Jefferies ups BEL target on defence patents, R&D spend, capex 
• Combined net sales of 2,900 cos slip 1.3% in Q4: Care Ratings 
• Extradition only way to bring Mallya back, Govt working on it 
• After turning profitable, Pricol eyes Rs 3,000cr revenue by 2020 
• Dholera smart city to be operational by 2019: Gujarat govt 
• Modi, Jaitley to take call on Rajan at appropriate time: Sinha 
• India could be ‘ideal partner’ for American businesses: PM 
• RBI leaves repo rate unchanged at 6.5% Distress in financial system is making Yellen stay put 
• Timely and reliable guidance from the expert himself 
• RBI running out of ammo to fire up economy, banks.

Stocks to Buy Today

Shriram Transport Finance Corporation is showing continuation from that large range day we had- Buy Shriram Transport Finance Corporation with a stop loss of Rs 1,120, target of Rs 1,175.

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Aditya Birla Nuvo is now slowly pushing on the upside along with Arvind- Buy Aditya Birla Nuvo with a stop loss of Rs 1,000, target of Rs 1,065.

Hindustan Unilever heavy weights are looking fairly weak- Sell HUL with a stop loss of Rs 830, target of Rs 805.

Reliance is hanging around the 200-day average and unable to rally significantly on any given day. This is one of the stocks that comes under pressure once global markets turn down.- Sell Reliance with a stop loss of Rs 990, target of Rs 965.