Best Stocks to Buy Today : 01/10/21

Day Trading: Welspun, IOB, Triveni Turbines, Sequent Sci, IRB Infra, Supreme Inds, JMC, Patel Engineering, Spencer Retail, Kanchi Karpooram, Vasundhara Rasayan, Faze 3 Autofab

Short Term: Vodafone, Tata Power, Tata Motors, HDFC, IEX, BHEL, United Spirits, DLF, Aditya Birla Fashion,

Long Term: Bajaj Finance, Bajaj finserv, Sun Pharma, NTPC, HUL, IRCTC,

Source Click; Source Click 2; Source Click 3

Top Market News:

1. The price of domestic-produced natural gas has been hiked to $2.9 per million British thermal units (mBtu) for the October 2021-March 2022 period on Thursday. The ceiling price of natural gas produced from deepwater, ultra-deepwater, and high pressure-high temperature (collectively called difficult) discoveries has also been hiked to $6.13 per mBtu. Business Standard
2. The government on Thursday kept the interest rates on small savings schemes, including NSC and PPF, unchanged for the third quarter of 2021-22 amid the COVID-19 pandemic and elevated level of inflation. Business Standard
3. The Centre’s fiscal deficit as a proportion of the Budget Estimates fell to an 18-year low of 31.1 per cent in the first five months of the current financial year. This was despite a year-on-year spike in expenditure in August, after falling in the previous month. Business Standard
4. India’s top carmaker Maruti Suzuki said on Thursday it was expecting total vehicle production in October at two of its plants to be around 60% of normal levels due to a global chip shortage. Booming demand for consumer electronics and supply chain disruptions across the globe have led to an acute shortage of chips. Business Standard
5. The output of India’s eight core industries grew by 11.6 per cent in August compared with 9.9 per cent in the previous month even as the base effect was less beneficial.The core sector, comprising coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, and electricity, had contracted 6.9 per cent in August last year, as against 7.6 per cent in July. Business Standard

Google Trends

• The National Payments Corporation of India (NPCI) is estimating a run rate of 25 million new mandates for customers getting registered every month for recurring payments by the end of this fiscal. The federal fintech firm is also looking at a target of processing one billion UPI transactions per day over the next three years.
• BMW has finally made a new electric auto, the iX SUV. I say “finally” because the last we heard—product-wise—from BMW regarding electric technology was the tiny and lackluster i3 that debuted in 2011. The $83,200 iX, on the other hand, offers seating for five and 300-plus miles of driving range.
• Old school retailer Macy’s says that Amazon plans to advertise on a huge hoarding directly outside its flagship department store in Herald Square. And the chain is suing the billboard’s owner to try to stop it happening. Macy’s, which has advertised itself on the billboard for 60 years, says it would do it “immeasurable” damage if a direct competitor took the space.
• Diljit Dosanjh is the new face of FILA in India.

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