Diwali Special Stocks to Buy Today : 4 November 2021

Before Market Opens
4 November, 2021

The Stock Markets (BSE and NSE) will open for one hour today (4 November) for the Muhurat Trading session on Diwali. The Muhurat trading is practised to commemorate the start of the new Samvat 2078.  This year, the Muhurat trading session will begin at 6:15 pm and end at 7:15 pm on Thursday. It is believed that Muhurat trading brings prosperity and wealth throughout the year.

Day Trading:  Muthoot Finance, Sobha, Garden reach, Eclerx, SKF, VRL, Oberoi Reality, KPR Mill, Dabur,

Short Term: Airtel, Bank of Baroda, Canara Bank, Trent, Infosys, Godrej Properties, Sriram Transport Fin., Bajaj Finance, Tech Mahindra

Long Term: Larsen, Grasim, UPL, Ultratech Cements, Asian Paints, SBI, Tata Steel, Vedanta


Source Click; Source Click 2; Source Click 3


Top Market News:

  1. The country’s largest lender State Bank of India (SBI) reported a 67 per cent year-on-year (YoY) jump in net profit at Rs 7,627 crore in the July-September quarter (Q2 of FY22), aided by lower loan loss provisions. Business Standard
  2. The Centre on Wednesday announced a reduction in excise duty on petrol by Rs 5 a litre and on diesel by Rs 10 a litre. This will come into effect from Thursday, when the country celebrates Diwali, and is expected to boost consumption, and bring down input costs for farmers and businesses. Business Standard
  3. Leading digital payments and financial services platform Paytm allotted Rs 8,235 crore worth of shares to anchor investors as part of its Rs 18,300-crore initial public offering (IPO), which opens on Monday. This is the largest-ever allotment made in the anchor category. Business Standard
  4. Cairn Energy Plc on Wednesday announced that it has given undertakings to the Indian government that it is withdrawing all cases as part of the settlement of the dispute arising from the levy of retrospective taxes. Business Standard
  5. Hyderabad-based Bharat Biotech’s vaccine, Covaxin, received the much-awaited Emergency Use Listing (EUL) from the World Health Organization (WHO) on Wednesday, bringing relief to students, business travelers, and all those who intend to travel abroad. Business Standard


Google Trends

  • Samvat 2077 started with a robust bull run led by outperformance in the broader market after a muted performance seen in the calendar year 2018 and 2019. While benchmark Nifty has delivered a stellar return of more than 40% since the last Diwali, Mid and Small Cap Indices, too, have reported excellent performance and are up 66% and 79%, respectively, for the same period.
  • At the foot of an Icelandic volcano, a newly-opened plant is sucking carbon dioxide from the air and turning it to rock, locking away the main culprit behind global warming. Orca, based on the Icelandic word for “energy,” does its cutting-edge work at the Hellisheidi geothermal power plant in southwest Iceland.
  • The New York State Department of Financial Services has formed a new division to handle climate risk, establishing the agency’s leading role among state banking regulators in addressing the threats posed by a warming planet.


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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