Best Stocks to Buy Today : 21/09/21

Before Market Opens
21 September, 2021

Day Trading: HLE Glascoat, Blue Chip India, Precision camshaft, Neogen Chemicals, Indian Hotels Co, Timken india, GNFC, NDTV, Byke Hospitality

Short Term: HUL, ITC, Bajaj Finserv, HCL Tech, Britannia, Nestle, Reliance, GMRInfra, Gujarat Fluoroch,

Long Term: Tata Elxsi, Suzlon India, Eclerx services, Avenue Supermarts,

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Top Market News:

  1. Poonawalla Fincorp to clean up by shutting ops in elevated default areas
  2. Evergrande crisis: Metal index down 6.8% amid fears of lower China demand
  3. CARS24 valuation soars to $1.8 billion after raising $450 million
  4. India to resume export of Covid vaccines from October: Mansukh Mandaviya
  5. FinMin to kick-start exercise for Union Budget 2022-23 on October 12
  6. Rupee falls sharply after Yellen renews call for raising US debt ceiling

 

Google Trends

  • Asian shares slid and the dollar held firm on Monday ahead of a week packed with no less than a dozen central bank meetings, highlighted by the Federal Reserve, which is likely to take another step toward tapering.
  • Malaysian palm oil futures fell more than 2% on Monday, hitting an 18-day low, as a higher export duty and a slowdown in September shipments so far weighed on sentiment.
  • Paras Defence and Space Technologies on Monday said it has garnered a little over Rs 51 crore from anchor investors, ahead of its initial public offering (IPO) from Tuesday.
  • Theranos case: Gangakhedkar’s and whistleblower Erika Cheung said that secrecy was the norm at Theranos, and that she was discouraged even from listing the company on her LinkedIn page.

 

Disclaimer: Strategyboffins.com advises users to check with certified experts before taking any investment decisions.

Startup
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

Energy
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