Best Stocks to Buy Today India : 11 November 2021

Before Market Opens
11 November, 2021

Stocks to Buy Today in BSE/NSE Stock Exchange based on recent performance

Day Trading: Vodafone, BHEL, Tata Power, SAIL, Bank of Baroda, Indusind bank, ONGC, Grasim, Coal India, Hindalco, Balkrishna

Short Term: HEG, Redington, Intellect Design, KPIT Technologies, Mahindra Holidays, Bharat Rasayan, Tata Power, HDFC Bank, ITC

Long Term: M&M, Tata Motors, Sriram Transport, Reliance, UPL, Airtel, Britannia, Sun Pharma

IPO: Latent View Analytics

Source Click; Source Click 2; Source Click 3

 

Crypto: ( in Rs ) Top 5 Volume

LRC/ INR: 244.94  (Loopring)

IOTX/INR: 19.1 (IoTeX)

BTC/INR: 5250649 (Bitcoin)

USDT/ INR: 80.60 (USD Tether)

SHIB/ INR: 0.004075 (SHIBA Inu )

Wazirx

Binance

Top Market News:

  1. India’s largest initial public offering (IPO) by digital payments major Paytm’s parent company One97 Communications received a lukewarm response from investors, garnering just 1.9 times subscription. Nearly 80 per cent of the bids in the IPO came from overseas investors. Business Standard
  2. Tesla Chief Executive Elon Musk sold about $1.1 billion worth of shares to cover tax obligations on options exercise, the billionaire reported in filings on Wednesday. Musk exercised options to acquire nearly 2.2 million shares of Tesla and then sold about 934,000 shares–about 0.5% of his Tesla holdings. Business Standard
  3. Foodtech major Zomato on Wednesday said that it has committed investments of $275 million in four startups in the past six months and will deploy another $1 billion over one to two years, with most of it going to the quick commerce space. Business Standard
  4. FSN E-Commerce Ventures, the parent entity of beauty start-up Nykaa, saw its market value nearly double to over Rs 1 trillion ($13 billion) during its stock market debut on Wednesday. Shares of the company rose 96 per cent over its initial public offering (IPO) price of Rs 1,125 to close at Rs 2,207 apiece. Business Standard
  5. Goldman Sachs Group Inc. is set to plow at least $30 billion into Asian alternative assets over the next five years after revamping its operations and starting an aggressive campaign to raise outside funds in a bid to overtake investment giants such as KKR & Co. and Blackstone Inc. Business Standard

 

Business Google Trends

  • The initial public offer of Sapphire Foods India Limited, which operates KFC and Pizza Hut outlets, was fully subscribed on the second day of subscription on Wednesday.
  • Meta, the brand donned by Facebook to launder its past, has expanded its partnership with Microsoft to integrate the Microsoft Teams communications app into its Workplace enterprise social software.
  • Classic Legends Private Limited has launched the official social media handle of the Yezdi motorcycle brand, kick-starting the first step towards re-launching the iconic motorcycle brand.
  • The Nykaa IPO pricing took into account investors, analysts and banks and how they thought about the valuation. Upon listing, there is a desire to hold the stock and stay on to see the strategy to unfold.
  • The initial public offering of Latent View Analytics, which raised Rs 267 crore from anchor investors, got subscribed by 1.5 times so far on the first day of the bidding process on Wednesday.

 

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