Best Stocks to Buy Today India : 07 December 2021

Before Market Opens
7 December, 2021

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

Top Gainers (1 day) /  Only Buyers:

Vodafone, Zee Entertain, Metropolis, BHEL, CG Consumer, MTNL, Alpa Lab, Vimta Lab, Kabra Extrusion, JBM Auto,  Responsive Inds,

Top Losers ( 1 day ) / Only Sellers: 

Coal India, PVR, Indiabulls hsg, Indust towers, L&T Infotech, DPSC, Prakash Inds, Nxt Digital, Godfrey Philip

Top Gainers (1 week/ 1 month):

Vodafone, GMR, India hotels, Chambal fertilisers, Deepak Nitrite, Escorts, Apollo Hospitals, Birlasoft, Zee Entertain

Top Losers ( 1 week/ 1 month ):

Cipla, Dr Lal Pathlab, Kotak Mahindra, PVR, Indusind bank, Godrej Prop, Manappuram fin, Oberoi reality

52 week high:

BEML, Vodafone, KEI Industries, Glaxo Smithkline, Elgi Equipment,

52 week low:

Stride Pharma, VST, Mahanagar Gas, Lupin, City Union bank,

Deals/ Orders:

3i Infotech, Vodafone, Tata Steel, Nagarjuna fertilisers,

IPO:

RateGain Travel Technologies  – December 7-9

Source Click; Source Click 2; Source Click 3

 

Cryptocurrency: ( in Rs )

IOTX/INR: 9.474 (IoTeX)

BTC/INR: 4002079 (Bitcoin)

ETH/ INR: 345599.9 (Ethereum)

USDT/ INR: 79.59 (USD Tether)

SHIB/ INR: 0.002938 (SHIBA Inu )

DOGE/ INR: 14.1999 ( Dogecoin )

 

WazirxBinanceCurrency Analytics

Top Market News:

Domestic Markets fall

The domestic markets saw another big sell-off on Monday — their fourth 1.3 per cent-plus fall in the past 10 trading sessions — as the Omicron-induced volatility accelerated selling by foreign portfolio investors (FPIs). Business Standard

Indigo EGM on Dec 30

The promoters of India’s largest airline, IndiGo, have called an extraordinary general meeting (EGM) on December 30 to scrap a clause in the company’s articles of association (AoA), which gives them the right of first refusal (RoFR) over acquisition of each other’s shares. Business Standard

No plans for cryptocurrency

The finance ministry on Monday told Parliament that the government had no plans for boosting the cryptocurrency sector in India and the proposed Central Bank Digital Currency (CBDC) will not have volatility, which is normally associated with the private virtual currencies.. Business Standard

RIL raises funds for REC Solar

Reliance Industries (RIL) on Monday has raised $736 million in green loan to fund the acquisition of solar panel maker, REC Solar Holdings. This will be first such financing for the Mukesh Ambani-owned company. REC Solar is the borrower while Reliance New Energy Solar is the guarantor, as per local media reports. Business Standard

PNB to issue AT1 bonds

Public sector lender Punjab National Bank (PNB) plans to raise up to Rs 2,000 crore via additional tier I (AT 1) bonds on Tuesday. This is likely to be followed by State Bank of India’s AT 1 bonds worth Rs 4,000 crore next week.. Business Standard

 

Business Trends

Bitcoin is stable

Bitcoin steadied Monday following a rout over the weekend as risk sentiment returned amid easing fears over the Omicron coronavirus variant and signs that long-term investors continued to stand firm..

Aditya Birla health insurance

Aditya Birla Health Insurance has launched ‘Activ Health Essential’, an affordable health solution plan for the special health needs of senior citizens.

Unico acquired by CGI

CGI Technology and Solutions Australia, a subsidiary of IT services provider CGI, has agreed to acquire Melbourne, Australia-based Unico. Established in 1984, Unico is a technology consultancy and systems integrator.

Eris enters India

Eris Lifesciences recently announced its entry into India’s Rs 35 Billion to Rs 40 billion insulin and GLP1 agonists market through Eris MJ Biopharm Ltd, a special purpose Joint Venture between Eris and Mumbai based MJ Biopharm Pvt Ltd.

 

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