Best Stocks to Buy Today India : 23 November 2021

Before Market Opens
23 November, 2021

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

Day Trading:

Lakshmi Finance, Vikas Ecotech, MTNL, Antarctica, Elecon Engg, Visagar Polytex, Sirca Paints, Lyka Labs

Short Term:

Vodafone, Vedanta, Trident, Esab, Airtel, Hatsun Agro, Suzlon, PNB, Tata Power, PayTM,

Long Term:

IRCTC, HDFC, Tata Motors, Reliance, Zomato, Bajaj Fin, Infosys

IPO:

 

Source Click; Source Click 2; Source Click 3

 

Crypto: ( in Rs )

IOTX/INR: 15.03 (IoTeX)

BTC/INR: 4540896 (Bitcoin)

USDT/ INR: 80.6 (USD Tether)

SHIB/ INR: 0.003498 (SHIBA Inu )

WIN/ INR: 0.0659 ( Winklink )

LRC/ INR: 209.7 ( Loopring )

ETH/ INR: 332130.7 (Ethereum)

Wazirx

Binance

Top Market News:

S&P Fall after high

The S&P 500 ended lower and the Nasdaq tumbled deep into negative territory on Monday after both earlier hit record highs following the announcement of a second term for Federal Reserve Chair Jerome Powell. Business Standard

BSE/ NSE sell off

Investors’ wealth eroded by a massive Rs 8,21,666.77 crore on Monday as the market saw a massive sell-off not seen in many months. The BSE benchmark Sensex plunged 1,170.12 points or 1.96 per cent to close at 58,465.89. Business Standard

Downgrade in fossil stocks

The global bull-run in fossil fuels like crude and gas may be peaking out due to several adverse factors. Analysts are downgrading global economic growth prospects due to the fresh wave of Covid infections across Europe and Central Asia. The USD has strengthened, and may rise further. Business Standard

PMC with SFB

The draft amalgamation scheme of Punjab and Maharashtra Co-operative (PMC) Bank with Unity Small Finance Bank (SFB) allowed quick relief to depositors with savings of up to Rs 5 lakh, but a long wait for those who had their nest egg with the scam-tainted bank.. Business Standard

Tariff Hikes in Telecom

After about two years, the financially-stressed telecom sector will witness a comprehensive tariff hike including in the prepaid category, which makes up for a major chunk of the user base and revenue of any telco. Bharti Airtel took the plunge on Monday, announcing an average 20 per cent tariff hike across all prepaid packs and 25 per cent at entry. Business Standard

 

Business Trends

Apple Stock

Apple is “pushing to accelerate development of its electric car” and “refocusing the project around full self-driving capabilities.”

Strategic Storage

India is working on ways to release crude oil from its strategic storages in tandem with other major economies to dampen prices, a top government official said on Monday.

Zoom Stock

Zoom Video Communications Inc stock has weakened over 3.7% Monday after  Wells Fargo initiated the company with an equal weight rating..

Nuclear Reactor on the Moon

“American companies for design concepts for a fission surface power system that could be ready to launch within a decade for a demonstration on the Moon.” NASA

Compiled from Google Trends

 

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