Best Stocks to Buy Today India : 08 December 2021

Before Market Opens
8 December, 2021

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

Top Gainers (1 day) /  Only Buyers:

NALCO, Delta corp, Torrent Power, Hindalco, PVR, Jamna Auto, Hind Copper, Network 18, La Opala RG, MMTC

Top Losers ( 1 day ) / Only Sellers: 

Vodafone, Metropolis, Strides Pharma, Alembic Pharma, Dr Lalpath Lab, DPSC, NxtDigital, Panacea Biotech, Mindtech, Lyka Lab

Top Gainers (1 week/ 1 month):

GMR, Vodafone, NALCO, Torrent Power, Escorts, Apollo Hospital, Birlasoft, Navin Fluorine

Top Losers ( 1 week/ 1 month ):

Strides Pharma, Indus Towers, L&T Infotech, PVR, Manappuram Fin, M&M Fin, Godrej Prop, Firstsource sol,

52 week high:

Jamna Auto, La Opala RG, Torrent Power, BSE Ltd, Tanla, Modison Metals, Hitech Corp

52 week low:

Stride Pharma, Mahanagar Gas, Whirlpool, Lupin, Vaishali Pharma

Deals/ Orders:

Tata Motors, Reliance Comm, Vodafone, IEX, Zomato

IPO:

RateGain Travel Technologies  – December 7-9

Source Click; Source Click 2; Source Click 3

 

Cryptocurrency: ( in Rs )

IOTX/INR: 8.970 (IoTeX)

BTC/INR: 4025048 (Bitcoin)

ETH/ INR: 342270.5 (Ethereum)

USDT/ INR: 79.95 (USD Tether)

SHIB/ INR: 0.002875 (SHIBA Inu )

DOGE/ INR: 13.8844 ( Dogecoin )

 

WazirxBinanceCurrency Analytics

Top Market News:

Status quo on key rates

The Reserve Bank of India (RBI) is expected to maintain a status quo on key rates in its bi-monthly policy review to be announced on Wednesday as Omicron, a new strain of Coronavirus, adds to the economic uncertainties. Business Standard

Ban on cryptocurrencies

Proposed legislation that would ban the use of cryptocurrencies as a method of payment in India also seeks to make those who infringe the law subject to arrest without a warrant and being held without bail, according to a source and a summary of the bill seen by Reuters.. Business Standard

RIL to launch TA’ZIZ EDC & PVC

Mukesh Ambani-led Reliance Industries (RIL) is firming up its first investment in West Asia with Abu Dhabi Chemical Derivatives Company RSC (trading as TA’ZIZ). An RIL statement said the two have agreed to launch TA’ZIZ EDC & PVC, a chemical production partnership at the TA’ZIZ Industrial Chemicals Zone in Ruwais, Abu Dhabi. Business Standard

Nasdaq bounce back

The Nasdaq rallied more than 2% on Tuesday as technology firms bounced back on easing concerns around the Omicron variant, while Intel jumped after plans to take its self-driving car unit public. Business Standard

India rising food exports

India surpassed Brazil in food exports to the League of Arab States for the first time in 15 years as the COVID-19 pandemic disrupted trade flows in 2020, according to data provided by the Arab-Brazil Chamber of Commerce to Reuters on Tuesday. Business Standard

 

Business Trends

AWS services down in US

Several Amazon.com Inc. services including Prime Video, its namesake e-commerce website and applications that use Amazon Web Services (AWS) were down for thousands of users in the United States on December 7.

Youth Vaping down

Youth vaping is down by 60% or more since the high watermark (in 2019) of kids using e-cigarettes according to CDC report. But the FDA Center for Tobacco Products’ interpretation suggests many more teens and youth are using e-cigarettes than what the data actually show.

Tanla and Vi partnership

Hyderabad-based Tanla and Vodafone Idea Limited (Vi) announced a partnership wherein Tanla will be the exclusive provider of solutions to secure, encrypt and enhance performance for the entire international messaging traffic on the Vi network..

 

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