Best Stocks to Buy Today : 30/09/21

Before Market Opens
30 September, 2021

Day Trading: PTC India, Godfrey india, Oil India, Minda Corp, Coal India, BGR Energy, Max Ventures, TCI Finance, Orbit Exports, PNB

Short Term: Tata Power, IRB Infra Dev, SBI Cards, SBI, Mindtree, DLF, Jindal Steel Power, HCL, Wipro

Long Term: Powergrid, NTPC, Sunpharma, IOC, IEX, Tata Steel, ONGC

Source Click; Source Click 2; Source Click 3


Top Market News:

  1. The Union Cabinet, headed by Prime Minister Narendra Modi on Wednesday approved infusion of Rs 4,400 crore into state-owned credit insurance provider ECGC Ltd over a period of five years, starting FY22. It also approved listing of the company on the domestic bourses, which is likely to happen in the next fiscal. Business Standard
  2. Invesco Developing Markets Fund on Wednesday moved the National Company Law Tribunal (NCLT) against Zee Entertainment Enterprises and three of its directors, including Chief Executive Officer and Managing Director Punit Goenka, for not calling an extraordinary general meeting (EGM) of the company, as sought by the US fund. Business Standard
  3. Reliance Industries today backed the appointment of Saudi Aramco Chairman, Yasir Al-Rumayyan as an independent director on its board and reiterated that his appointment has no connection with Saudi Aramco’s plans to buy a stake in its oil-to-chemicals business. Business Standard
  4. Indian motorists will struggle to move away from gasoline- and diesel-powered cars over the next quarter of a century, suggesting the nation’s push toward as electric vehicles may not be a complete success, OPEC said. Business Standard
  5. Bajaj Auto and Pierer Industrie, its partner in KTM AG, announced on Wednesday that they have simplified the shareholding in premium bike maker KTM through a share swap deal, following which Bajaj will become an indirect stakeholder in other brands of Austrian partner – including Husqvarna, Gas Gas and Ramon. Business Standard


Google Trends

  • China’s plan to achieve net-zero greenhouse gas emissions by the year 2060 can be accomplished at an earlier date if Beijing steps up the adoption of renewable power and cuts use of coal, the International Energy Agency said
  • The Reserve Bank of India on Wednesday lifted the prompt corrective action (PCA) restrictions from Indian Overseas Bank after an improvement in its financials.
  • One year since Santos’ polluting and expensive Narrabri Gas Project was approved, a new report has found the gas this project would produce isn’t needed.
  • The initial public offer of Aditya Birla Sun Life AMC Limited received 56 per cent the subscription on the first day on Wednesday.


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