Best Stocks to Buy Today : 25/10/21

Before Market Opens
25 October, 2021

Day Trading: Tech Mahindra, Indus Towers, SRF, Ambuja Cements, Axis Bank, Kotak Mahindra, Bajaj Finance, TVS Motors, Triveni Turbines,

Short Term: IRB Infra, Rail Vikas, IFB, Sterlite, Rites, Ircon, Himadri Special, IRFC, Welspun, Ujaas Energy,

Long Term: HDFC, Bajaj Auto, ONGC, IEX, Tata Motors, IRCTC, Reliance, Federal Bank, SBI

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Top Market News:

  1. Homegrown microblogging platform Koo’s user base has touched about 15 million now, with five million users added in the last quarter, its co-founder Aprameya Radhakrishna has said. Business Standard
  2. India Inc’s September quarter (Q2) earnings season has gotten off to an encouraging start thanks to the large gains posted by metals and energy companies. This, however, masks the hit general manufacturers and consumer companies took on their margins as a result of higher input costs. Business Standard
  3. It will be raining money for the Board of Control for Cricket in India (BCCI), the country’s apex cricketing body, as two new team franchises of the Indian Premier League (IPL) go under the hammer on Monday. The new owners will be declared in Dubai by the end of day. Business Standard
  4. The fiscal deficit is likely to stay at the budget estimate (BE) of 6.8 per cent of gross domestic product (GDP) in 2021-22, according to a senior official, because tax collection, however robust, may not be able to narrow the gap. The fiscal deficit estimated by the Budget is Rs 15.07 trillion. Business Standard
  5. Fintech unicorn start-up Groww’s valuation has reached $3 billion after a fundraise of $251 million, led by ICONIQ Growth, including participation from investors like Alkeon, Lone Pine Capital, Steadfast, and existing investors. Business Standard


Google Trends

  • The union government has invited global bids to set up greenfield giga-scale Advanced Chemistry Cell (ACC) manufacturing units in India to make the country self-reliant in battery consuming sectors like consumer electronics, electric vehicles, advanced electricity grids, solar rooftop
  • PhonePe, the Walmart-owned digital payments company, has started levying transaction fees on certain transactions including UPI. The company had recorded over 165 crores UPI transactions on its platform in September.
  • The term “metaverse” seems to be everywhere. Facebook is hiring thousands of engineers in Europe to work on it, while video game companies are outlining their long-term visions for what some consider the next big thing online


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