Best Stocks to Buy Today : 19/10/21

Before Market Opens
19 October, 2021

Day Trading: HUL, Nestle, ICICI Insurance, L&T Tech services, Tata Comm, Syngene, Khadim India, Sical Logistics, AMD Industries, Coffee day

Short Term: Tata Power, NHPC, SJVN, Natnl Aluminium, Vedanta, PNB, Suzlon Energy, Yes Bank, TCS, Bank of Baroda

Long Term: IRCTC, Tata Motors, Hindalco, Infosys, Tech M, JSW Steel, Tata Steel, ITC

Source Click; Source Click 2; Source Click 3


Top Market News:

  1. The government is pushing to get the initial public offering of state-backed Life Insurance Corp. of India across the line by next March and any delay won’t be due to a lack of political will, according to Finance Minister Nirmala Sitharaman. Business Standard
  2. The disinvestment of Bharat Petroleum Corp­oration (BPCL) may hit a fuel price hurdle, according to officials dealing with the matter. They pointed out that the inconspicuous administered price regime could hamper the prospects for potential buyers of BPCL. A senior oil ministry official said public-sector oil-marketing companies (OMCs) take a hit when they sell petrol, diesel, and liquefied petr­oleum gas (LPG), three of the most popular petroleum products in the country. Business Standard
  3. The need of the hour is to focus on supply-side reforms and easing various bottlenecks and disruptions, rather than focusing single-mindedly on normalisation, the Reserve Bank of India (RBI) said in its State of the Economy report in its October bulletin. Business Standard
  4. The International Monetary Fund (IMF) has cautioned that any tapering by the US Federal Reserve and similar action by other central bankers would lead to some capital flow out of India even as the country has enough foreign exchange at the moment, amid high foreign direct and portfolio investments. Business Standard
  5. Scores of individual investors were unable to execute ‘sell’ orders during early trade on Monday due to a technical issue with the Central Depository Services India (CDSL), the country’s largest depository in terms of number of accounts. Business Standard


Google Trends

  • Stock market trading via mobile apps and online portals involving major players such as Zerodha, Upstox, Groww and ICICIDirect, was disrupted on Monday due to a technical glitch at the Central Depository Services Limited (CDSL).
  • Billionaire Richard Li’s U.S. initial public offering of his Asian insurance group, FWD Group Holdings Ltd., is stalling amid regulators’ increasing unease over the long arm of the Chinese government, people with knowledge of the matter said.
  • Tata AIG General Insurance Co. Ltd on Monday announced the launch of Remotely Piloted Aircraft System (RPAS) insurance, and distribution tie-up with TropoGo, a deep-tech startup. Tropogo has established an integrated marketplace providing a one-stop shop for the complete drone ecosystem.


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