Best Stocks to Buy Today : 20/10/21

Before Market Opens
20 October, 2021

Day Trading: Havells, Jubilant Foodworks, Tata comm, Syngene, Asian Paints, JSW Steel, Mphasis, Deepak Nitrite, Coforge, BHEL, Sriram Transport fin

Short Term: L&T infotech, TTK prestige, Mahindra CIE, TCNS Clothing, GMM Pfaudler, Trident, Vodafone, PNB, Yes Bank, Mindtree

Long Term: IRCTC, Tata Power, IEX, Adani,  Tech M, Bajaj Finserv, Infosys, Kotak Mahindra, HDFC

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Top Market News:

  1. The country’s largest fast-moving consumer goods (FMCG) company, Hindustan Unilever (HUL), posted a 9 per cent year-on-year (YoY) rise in net profit at Rs 2,187 crore for the July-September quarter (Q2 of FY22). This was marginally lower than the Rs 2,195 crore estimated by Bloomberg. Business Standard
  2. Mobility company Ola’s chief financial officer Swayam Saurabh and chief operating officer Gaurav Porwal are leaving the company. These developments come at a time when the SoftBank-backed company’s core ride-hailing unit is planning to go public and for which it raised $500 million from Warburg Pincus and Temasek in July this year. Business Standard
  3. After selling its stake in consumer durable firm, Eureka Forbes and in renewable power firm, Sterling and Wilson Solar, the Shapoorji Pallonji group has put its textile unit at Gokak in Karnataka on sale and will be able to meet its target to raise Rs 10,000 crore from asset sales by next March. Business Standard
  4. Gold demand in India is likely to face challenges from a declining household savings rate and lower agricultural wages, according to the World Gold Council. Business Standard
  5. A new mutation of the Delta variant of COVID-19 is expanding in England and is being monitored and assessed, according to official UK health data reported on Tuesday. AY.4.2, which is being dubbed as “Delta Plus” in some quarters, contains mutations that might give the coronavirus which causes COVID-19 greater survival advantage. Business Standard


Google Trends

  • The International Monetary Fund (IMF) has published a stark warning about the potential impact of stablecoins, warning that they could eventually pose a ‘contagion risk’ to the global financial system.
  • National teams from eleven countries are planning to gather in Vietnam next May for the Southeast Asian Games.
  • Johnson & Johnson wants a bankruptcy judge to immediately halt all lawsuits targeting the company over its talc-based powders in the wake of its controversial decision to put a newly created unit into bankruptcy to deal with the litigation.


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