Best Stocks to Buy Today India : 06 December 2021

Before Market Opens
6 December, 2021

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

Top Gainers (1 day) /  Only Buyers:

Ramco, Walchandnagar, Neogen, Orient Abrasive, Unichem Labs, Zee Learn, Jindal Polyfilm, Gujarat Fluoro

Top Losers ( 1 day ) / Only Sellers: 

Dhruv Consultant, RPP Infra, Monte Carlo, Gallantt Ispat, Timken, Sintex Plastics, Mukta Arts

Top Gainers (1 week/ 1 month):

MBL Infra, Mindteck, NxtDigital, KDDL, Vodafone, Art Nirman, Digjam, Pansari Develop, Orient Green

Top Losers ( 1 week/ 1 month ):

Mcdowell hold, Lakshmi finance, Rel Capital, Trident, DRC Systems, Libas Consumer, JITF Infralogis, Shreyas shipping

52 week high:

Neogen, Vodafone, De Nora, Jindal Polyfilm, JBM Auto,

52 week low:

Gillette India, Alembic, Akzo Nobel, Bajaj Consumer, Marine Electric, Hero Motocorp

Deals/ Orders:

3i Infotech, Indusind Bank, ICICI, Reliance, Coal India, Karda Construcitons, Redington, NDTV, Mahindra Logistics, JMC projects

IPO:

Anand Rathi – December 2-6

Source Click; Source Click 2; Source Click 3

 

Cryptocurrency: ( in Rs )

IOTX/INR: 9.52 (IoTeX)

BTC/INR: 4083295 (Bitcoin)

ETH/ INR: 345810.7 (Ethereum)

USDT/ INR: 82.4 (USD Tether)

SHIB/ INR: 0.002983 (SHIBA Inu )

DOGE/ INR: 14.0923 ( Dogecoin )

 

WazirxBinanceCurrency Analytics

Top Market News:

LIC improves asset quality

Ahead of its proposed initial public offering (IPO), insurance behemoth LIC has improved its asset quality for the financial year ended March 2021. The non-performing assets (NPAs) as of March 31, 2021, are Rs 35,129.89 crore out of a total portfolio of Rs 4,51,303.30 crore, according to the latest Annual Report of Life Insurance Corporation of India (LIC). Business Standard

FMCG distributors write to companies

The apex body of distributors of fast-moving consumer goods (FMCG) has written to companies against the price disparity between traditional distributors and other organised business-to-business (B2B) distribution firms, both online and offline, which have entered the sector in the last few years.. Business Standard

Car prices hike from January

With input costs continuing to rise, automakers like Tata Motors, Honda and Renault are looking to increase vehicle prices from January next year to offset the impact. Already, car market leader Maruti Suzuki and luxury automakers Audi and Mercedes-Benz have announced to hike vehicle prices from next month. Business Standard

Valued companies gain on sensex

Seven of the top 10 valued companies together added Rs 1,29,047.61 crore in market valuation last week, with Tata Consultancy Services emerging as the biggest gainer. Business Standard

L&T losing projects to companies on price in India

Larsen & Toubro (L&T), India’s largest construction and engineering player, has lost as many as 14 large orders in the country because companies that don’t possess adequate technical expertise and experience, of late, have won the projects by bidding lower, claimed A M Naik, non-executive chairman of L&T. Business Standard

 

Business Trends

Former Employees sue Google

Rebecca Rivers, Paul Duke, and Sophie Waldman say that Google fired them for protesting the company’s choice to sell software to Customs and Border Protection, an agreement signed with the Trump administration in 2019.

China’s Guangdong summons Evergrande chairman

China’s Guangdong province on Friday summoned the chairman of China Evergrande Group after the real estate developer said there was “no guarantee” it would have enough funds to meet debt repayments, while regulators sought to reassure markets. – Reuters

Taiwan trade with US increasing

U.S. trade with Taiwan is booming, as the self-governing island cashes in on surging demand for its computer chips and lures factories back from China, where many exports to the U.S. including electronics are subject to 25% tariffs.

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