Best Stocks to Buy Today : 14/10/21

Day Trading: NRB Industrials, Vaswani Industry, Arvind, Sical Logistics, Tayo Rolls, MEP Infrastructure, Sagar Productions,

Short Term: Union Bank, BHEL, SAIL, Vodafone, IDBI, Tata Steel, JP Power, Avenue Supermarts,

Long Term: Tata Motors, M&M, Tata Cons. Prods, ITC, Power Grid, Tech M, Larsen, Tata Power, Tata Chemicals,

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Top Market News:

1. The corporate battle between Zee Entertainment Enterprises (ZEEL) and its largest shareholder, Invesco, took a new turn Wednesday morning. Invesco revealed that it had facilitated talks for a merger between media companies owned by Reliance Industries and the Zee Group in February. Business Standard
2. On the back of strong demand-led digital transformation, Infosys on Wednesday raised its revenue growth guidance for the financial year 2021-22 to 16.5-17.5 per cent, from the earlier 14-16 per cent. Business Standard
3. Technology services firm Wipro reported better-than-expected results for the second quarter of FY22, even though its profit fell 9.6 per cent sequentially because of higher amortisation cost on the Capco acquisition and salary hikes. Business Standard
4. A section of ground staff and engineers of Air India have threatened to go on strike from November 2 over a government decision which requires them to vacate office quarters in six months after the sale of airline. Business Standard
5. The India-China trade volume looks set to cross the record figure of USD 100 billion this year as the total has already touched USD 90 billion in the first nine months, despite a chill in bilateral relations due to the continuing military standoff between the two countries in eastern Ladakh. Business Standard
6. IT company Mindtree on Wednesday posted a 57.2 per cent increase in its net profit to Rs 398.9 crore in the September quarter. Business Standard

Google Trends

• The 151-key hotel – scheduled to open in Q2 2022 – is the second voco property IHG has signed in South Korea this year, following voco Pyeongtaek City.
• Taiwan Semiconductor Manufacturing Co., has recently concluded a discussion with mega-company Sony to try and create a semiconductor plant, which could be its first foothold in the region.
• Another jump in consumer prices in September sent inflation up 5.4% from where it was a year ago, matching the largest increase since 2008 as tangled global supply lines continue to create havoc in the USA.

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