Best Stocks to Buy Today : 12/10/21

Day Trading: Bhansali Engineering, DRC systems, GM Breweries, Indbank merchant, Infosys, Mindtree, Plastiblends, Aditya Birla Money, Equitas, GMR, Route Mobile,

Short Term:  HDFC, Suzlon, BHEL, JP Power, Aban offshore, Ujaas Energy, Cranex, Kirloskar Electric

Long Term: Tata Motors, Coal India, Grasim, Maruti Suzuki, Powergrid, NTPC, ITC, SBI, IEX

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Top Market News:

1. In the season of aviation action, Rakesh Jhunjhunwala-backed Akasa Air has secured the crucial no-objection certificate (NoC) from the civil aviation ministry. It expects to start operations next summer. Business Standard
2. The Ministry of Power on Monday said it has mandated energy accounting of distribution companies (discoms) to reduce electricity losses. Business Standard
3. The Reserve Bank is likely to change the stance of its monetary policy and hike rates from the first quarter of 2022, a Japanese brokerage said on Monday. Business Standard
4. Shares of Tata Power Company hit a new high of Rs 193.7 as they surged 9 per cent on the BSE in intra-day trade on Monday, on the back of heavy volumes, amid expectations of strong earnings growth. At 01:56 pm, the stock was trading 8 per cent higher at Rs 191.15, as compared to a 0.52 per cent rise in the S&P BSE Sensex. The trading volumes on the counter jumped 1.5 times, with a combined 117 million equity shares having changed hands on the NSE and BSE so far. Business Standard
5. Demand remains strong in India, but there are supply-side headwinds in areas like chips which is bothering the auto sector and coal shortages which threatens to put parts of the country into darkness, a Japanese brokerage said on Monday. Business Standard

Google Trends

• Nestle unveiled its new product to capitalise on the fast-growing vegan market. Nestle’s plant-based burgers and sausages were seeing double-digit sales growth.
• The global Multi-Factor Authentication market size is expected to reach $31.20 Billion by 2028 growing at the CAGR of 15.18% from 2021 to 2028.

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