Best Stocks to Buy Today : 07/10/21

Before Market Opens
7 October, 2021

Day Trading: Silgo Retail, Shiva Texyarn, Jindal Worldwide, TCM, Sprayking agro, Kranti Industries, Amrapali cap & finance, Bhagyanagar Prop.

Short Term: Bosch, Deepak Nitrite, IRCTC, Infibeam Avenues, Tata Elxsi, Ingersoll Rand, TCS, Indian railway fin, Hindustan Copper, Gail, Trident

Long Term: ONGC, HDFC Bank, Tata Cons. products, UPL, Britannia, Bajaj Finance,

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Top Market News:

  1. Moody’s Investors Service on Wednesday raised the rating outlook for 18 Indian corporates and banks, including Reliance Industries, Infosys, SBI and Axis Bank, to ‘stable’ from ‘negative’. Business Standard
  2. Days after breaking its partnership with Future Group, Dallas based 7-Eleven Inc (SEI) signed an agreement with Reliance Retail Ventures (RRV) to launch convenience stores in India. Business Standard
  3. Founder and Chairman Emeritus of Zee Entertainment Enterprises, Subhash Chandra, on Wednesday made it clear that he will fight the takeover attempt by the US-based fund, Invesco, and will not let it make a “clandestine and illegal” takeover of the company. Business Standard
  4. Wedding invites have been sent and the festival season is expected to be lively. That’s good news for India’s gold jewelers, as a reprieve in the pandemic means they can eye a recovery in their most lucrative sales period. Business Standard
  5. Nazara Technologies, the first domestic gaming company to go public, on Wednesday said its board has approved a preferential allotment of fresh equity shares worth Rs 315.30 crore to institutional investors. Business Standard


Google Trends

  • The prices of Liquefied Petroleum Gas (LPG) cooking gas cylinders across all categories including subsidised gas on Wednesday were hiked by 15 per cylinder — the fourth straight increase in rates in less than two months.
  • Bidders of the Aditya Birla Sun Life AMC’s initial public offer (IPO) can now check the allotment status. The fund house’s company had opened its IPO on September 29 and closed on October 1.
  • The Nasdaq canceled all trades executed Wednesday above $128.84 between 9:45 a.m. and 9:46 a.m. ET on Canadian fintech Nuvei Corp.


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