Best Stocks to Buy Today : 01/10/21

Before Market Opens
1 October, 2021

Day Trading: Welspun, IOB, Triveni Turbines, Sequent Sci, IRB Infra, Supreme Inds, JMC, Patel Engineering, Spencer Retail, Kanchi Karpooram, Vasundhara Rasayan, Faze 3 Autofab

Short Term: Vodafone, Tata Power, Tata Motors, HDFC, IEX, BHEL, United Spirits, DLF, Aditya Birla Fashion,

Long Term: Bajaj Finance, Bajaj finserv, Sun Pharma, NTPC, HUL, IRCTC,

Source Click; Source Click 2; Source Click 3


Top Market News:

  1. The price of domestic-produced natural gas has been hiked to $2.9 per million British thermal units (mBtu) for the October 2021-March 2022 period on Thursday. The ceiling price of natural gas produced from deepwater, ultra-deepwater, and high pressure-high temperature (collectively called difficult) discoveries has also been hiked to $6.13 per mBtu. Business Standard
  2. The government on Thursday kept the interest rates on small savings schemes, including NSC and PPF, unchanged for the third quarter of 2021-22 amid the COVID-19 pandemic and elevated level of inflation. Business Standard
  3. The Centre’s fiscal deficit as a proportion of the Budget Estimates fell to an 18-year low of 31.1 per cent in the first five months of the current financial year. This was despite a year-on-year spike in expenditure in August, after falling in the previous month. Business Standard
  4. India’s top carmaker Maruti Suzuki said on Thursday it was expecting total vehicle production in October at two of its plants to be around 60% of normal levels due to a global chip shortage. Booming demand for consumer electronics and supply chain disruptions across the globe have led to an acute shortage of chips. Business Standard
  5. The output of India’s eight core industries grew by 11.6 per cent in August compared with 9.9 per cent in the previous month even as the base effect was less beneficial.The core sector, comprising coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, and electricity, had contracted 6.9 per cent in August last year, as against 7.6 per cent in July. Business Standard


Google Trends

  • The National Payments Corporation of India (NPCI) is estimating a run rate of 25 million new mandates for customers getting registered every month for recurring payments by the end of this fiscal. The federal fintech firm is also looking at a target of processing one billion UPI transactions per day over the next three years.
  • BMW has finally made a new electric auto, the iX SUV. I say “finally” because the last we heard—product-wise—from BMW regarding electric technology was the tiny and lackluster i3 that debuted in 2011. The $83,200 iX, on the other hand, offers seating for five and 300-plus miles of driving range.
  • Old school retailer Macy’s says that Amazon plans to advertise on a huge hoarding directly outside its flagship department store in Herald Square. And the chain is suing the billboard’s owner to try to stop it happening. Macy’s, which has advertised itself on the billboard for 60 years, says it would do it “immeasurable” damage if a direct competitor took the space.
  • Diljit Dosanjh is the new face of FILA in India.


Disclaimer: advises users to check with certified experts before taking any investment decisions.

24 February, 2024

Byju’s, once heralded as a flagship in India’s edtech sector, is grappling with severe financial and operational challenges, marked by a dramatic valuation drop. The company, which sought to stabilize its operations and finances, is now raising funds at a valuation significantly lower than its peak. This development comes amid efforts to address a substantial debt burden, with Byju’s proposing a repayment plan for its $1.2 billion loan. Investor confidence appears shaken, with some stakeholders pushing for drastic changes in leadership to navigate the crisis effectively. The turmoil reflects broader sectoral pressures and raises questions about the sustainability of high-growth trajectories in the edtech industry

10 February, 2024

Australia’s energy market is witnessing significant transitions and investments aimed at bolstering renewable energy infrastructure and securing gas supplies. Key developments include a $179 million investment by the Queensland Government for community battery projects, Santos’ $5.7 billion gas pipeline project following a legal battle win, and a $206 million energy savings package for NSW households. Additionally, the Australian government has secured new gas supply deals to support the east coast market, emphasizing the role of gas in transitioning to a renewable grid.

India 2024
9 February, 2024

The latest opinion polls, including the Mood of the Nation survey by India Today, predict a comfortable victory for Prime Minister Narendra Modi’s BJP and its allies in the National Democratic Alliance (NDA), with a projected win of 335 Lok Sabha seats in the 2024 general elections. This forecast suggests a slight decrease from the 2019 elections but still ensures a majority. The survey, involving interviews with over 149,000 respondents, reflects Modi’s enduring popularity based on his nationalist policies and economic reforms. Other polls echo these findings, although seat projections vary slightly. The opposition INDIA alliance is expected to secure a significant number of seats, yet not enough to challenge the NDA’s majority. These predictions highlight a political landscape that remains largely favorable to Modi and the BJP as the election approaches