Best Stocks to Buy Today : 22/10/21

Day Trading: TCNS Clothing, MCX, Hindustan Zinc, Orient Electric, Tatva Chintan, ICICI Bank, Asian Paints, Mindtree, Havells, Jubilant

Short Term: Shoppers Stop, IRB Infra, Rail Vikas, Tata Motors, Endurance Tech, Deepak Nitrite, HCL, PNB, ONGC

Long Term: IRCTC, Tata Power, IEX, SBI, Kotak Mahindra, RIL, Kotak Mahindra, Grasim, BPCL, HDFC, NTPC

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Top Market News:

1. The over 16 per cent slump in shares of Indian Railway Catering and Tourism Corporation (IRCTC) has made a dent in the net asset values (NAVs) of several mutual fund (MF) equity schemes. Equity funds collectively held Rs 2,879 crore worth of IRCTC shares at the end of September, shows data provided by Value Research. Business Standard
2. The Bombay High Court (HC) on Thursday asked the board of Zee Entertainment Enterprises (ZEEL) to hold an extraordinary general meeting (EGM) of shareholders as requested by its largest shareholder, Invesco. Business Standard
3. The capital goods companies are expected to deliver strong performance in September quarter (Q2 FY22) as on-ground order executions are seeing recovery. Business Standard
4. Fintech giant Paytm, which is headed for an initial public offering (IPO) at a valuation of $20-22 billion, is considering not going ahead with a pre-IPO share sale so as to fast-track the company’s market debut timeline. Business Standard
5. Reliance Industries Ltd said on Thursday that a required majority of its shareholders have passed the resolution to appoint Saudi Aramco Chairman Yasir Al-Rumayyan as an independent director to the conglomerate’s board. Business Standard

Google Trends

• What happens when the London Metal Exchange runs out of metal? That’s the question the exchange is urgently trying to address for its flagship copper contract, which sets the global price for one of the world’s most important commodities
• The IEX board has recommended bonus issue of equity shares in the proportion of 2:1, subject to the approval of shareholders through postal ballot.
• State-owned Container Corporation of India on Thursday reported a 41.25 per cent rise in consolidated net profit to Rs 248.29 crore for the second quarter ended September 30

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