Best Stocks to Buy Today India : 03 December 2021

Before Market Opens
3 December, 2021

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

Day Trading:

Setco Automotive, GMR Infra, Persistent, SRF, Tarmat, Apex Frozen, IFCI, Dalmia Bharat Sugar,

Short Term:

Adani Ports, HDFC, PowerGrid, Sun Pharma, Tata Steel, Tech M, IEX, Coal India, HCL Tech, Chambal Fert, Muthoot Finance, Max Financial, Oil India,

Long Term:

TCI Express, BSE Ltd, Gujarat Fluoro, Shipping Corp, Hero Motocorp, Greaves Cotton, Tata Steel, Infosys, HUL,

IPO:

Star Health – The current subscription was Rs 3,193.05 crore. The balance portion of Rs 839 crore remained undersubscribed. So after the final adjustment, accordingly the company will reduce the offer for sale size

Tega Industries – December 1-3

Anand Rathi – December 2-6

Source Click; Source Click 2; Source Click 3

 

Cryptocurrency: ( in Rs )

IOTX/INR: 12.386 (IoTeX)

BTC/INR: 4446530 (Bitcoin)

ETH/ INR: 355053.2 (Ethereum)

USDT/ INR: 78.5 (USD Tether)

SHIB/ INR: 0.00336 (SHIBA Inu )

DOGE/ INR: 16.6518 ( Dogecoin )

 

WazirxBinanceCurrency Analytics

Top Market News:

Supreme Court dismissed Delhi Metro plea

The Supreme Court has dismissed a plea filed by Delhi Metro Rail Corporation (DMRC) seeking review of its judgement which upheld the 2017 arbitration award of around Rs 4,600 crore in favour of Reliance Infrastructure subsidiary, Delhi Airport Metro Express Pvt Ltd (DAMEPL), enforceable against it.. Business Standard

Credit card spends crosses Rs 1 trillion

Buoyed by the festival season euphoria, credit card spends for the first time crossed Rs 1 trillion in a month in October, revealed the latest figures released by the Reserve Bank of India (RBI) on Thursday.. Business Standard

Car prices hike from January

Amid persistent increase in prices of metals, plastic, and other input costs, carmakers are looking to hike prices from January. Although a price revision ahead of the new calendar year is an annual phenomenon, the announcement this time around comes against the backdrop of severe shortage of semiconductors that has been impacting production at automotive firms for over a year. Business Standard

Star Health get poor response from investors

Star Health and Allied Insurance’s Rs 7,250-crore initial public offering (IPO) — the third largest this year and eighth largest ever — just about managed to sail through despite a poor response from investors, garnering just 79 per cent subscription, forcing the investment bankers to prune offer for sale (OFS) component. Business Standard

Credit rose 6.97% in last 12 months

Reflecting the steady pace of banking business, the credit rose by 6.97 per cent in 12 months ended November 19, 2021, according to Reserve Bank of India data.The outstanding credit of commercial banks stood at Rs 111.62 trillion, up from Rs 10.4.34 trillion a year ago. Business Standard

 

Business Trends

VK sold to Sogaz

Russian billionaire Alisher Usmanov’s holding company USM said on Thursday it had sold its stake in top Russian internet group VK to state-run insurer Sogaz, which is part-owned by a longtime ally of President Vladimir Putin. – Reuters

PhonePe launched Health insurance

Digital payments major PhonePe has launched a health insurance plan, Health@999, for first-time health insurance buyers.

 

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