Best Stocks to Buy Today : 24/09/21

Before Market Opens
24 September, 2021

Day Trading: Geecee, Cantabil, Stel Holdings, United Spirits, Piramal, Dixon, Mindtree, India Hotel,

Short Term: Oberoi, Godrej prop, Welspun, DLF, Sobha, Bajaj Finserv, Hindalco, Larsen, Coal India, SBI, Axis Bank, Tata Motors,

Long Term: Reliance, Infosys, HDFC, ICICI, TCS, Bharti Airtel, ICICI Bank, NTPC, Vodafone

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Top Market News:

  1. Bank deposits grew 11.9 per cent year-on-year during 2020-21 compared to 8.8 per cent in 2019-20 on the back of high growth in current account and savings account (CASA) deposits, RBI data showed. Business Standard
  2. Prime Minister Narendra Modi and his Japanese counterpart Yoshihide Suga met here on Thursday to discuss ways to further cement the bilateral strategic ties ahead of the first in-person Quad meeting to be hosted by US President Joe Biden. Business Standard
  3. Taking a tough stand against Dish TV promoters, the company’s lender YES Bank has called an extraordinary general meeting of shareholders to remove the entire board of directors led by Jawahar Goel and replace it with its own nominees. Business Standard
  4. Crawford Bayley, Cyril Amarchand Mangaldas, Link Legal and Shardul Amarchand Mangaldas & Co have been shortlisted to act as legal adviser for the LIC IPO, and will make a representation before the government on Friday. Business Standard
  5. States are in consensus with the Centre on the Rs 3-trillion power distribution reforms scheme launched this year, said R K Singh, union minister for power, new and renewable energy. Business Standard


Google Trends

  • Vodafone Idea will survive and be competitive in the market and will invest the cash saved through the 4-year moratorium on AGR and spectrum payments into expanding its network and participating in 5G auctions instead of repaying debt, the company’s managing director Ravinder Takkar said Wednesday.
  • The merger of Zee Entertainment Enterprises with Sony Pictures Network India (SPNI) will see the former’s promoters get an additional 2 per cent stake as part of a non-compete agreement
  • Infosys announced a strategic collaboration with Amazon Web Services (AWS) to develop quantum computing capabilities and use cases.


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