Best Stocks to Buy Today : 23/09/21

Day Trading: Nucleus Software, Zee learn, Yes Bank, Dish TV, HCL, PVR, IndusInd, AMI Organics

Short Term: Zee, DLF, Godrej Properties, INOX Leisure, VRL Logistics, Gujarat alkalies, GMR Infra, Oberoi realities, SAIL,

Long Term: Reliance, ITC, Bharti Airtel, IRCTC, Mindtree, Tata Motors, Tech Mahindra

Source Click; Source Click 2; Source Click 3

Top Market News:

1. Federal Reserve Chair Jerome Powell said the central bank could begin scaling back asset purchases as soon as November and complete the process by mid-2022, after officials revealed a growing inclination to raise interest rates next year. Business Standard
2. India’s financial system is maturing and economic growth is on the mend, but the pandemic has asymmetrically affected the population, which must be bridged for sustainable, and inclusive growth, Reserve Bank of India (RBI) governor Shaktikanta Das said on Wednesday. Business Standard
3. The United Kingdom has finally recognised Covishield, the Covid-19 vaccine manufactured by Serum Institute of India. However, the travails of Indians travelling to the UK aren’t over. The country, which appears to have doubts over vaccine certification in India, has not removed the home isolation requirement for vaccinated Indians and has sought details regarding the working of the CoWin app. Business Standard
4. The rupee can come under pressure as emerging market currencies face headwinds because of the events surrounding Evergrande in China, a report by HDFC Bank economists said on Wednesday. Business Standard
5. ITC’s market capitalisation returned to Rs 3 trillion-mark on Wednesday after the stock of the biggest cigarette and second largest fast moving consumer goods (FMCG) company hit a 21-month high on the bourses. The stock hit an intra-day high of Rs 244.70, up 1 per cent on the BSE today, and was trading at its highest level since December 2019. Business Standard
6. Zee Entertainment Enterprises (ZEEL) has found a white knight in rival Sony with the latter agreeing to merge its India entertainment business with the beleaguered firm, thus creating India’s largest entertainment network with about $2 billion in revenues and 26 per cent viewership share. Business Standard

Google Trends

• Liquefied natural gas suppliers are limiting the volume they deliver under long-term contracts in favor of higher-priced spot sales, according to GAIL India Ltd., a major LNG buyer.
• Through its Serial 1 electric bike subsidiary, Harley-Davidson presents a brand new limited-edition model that’s the epitome of the brand’s expertise in the field.
• Google’s $2.1 billion deal to buy a Manhattan office building adds to the rapid growth of Silicon Alley.
• Work on the University of Oxford-AstraZeneca Covid-19 vaccine helped to more than double revenues for Oxford Biomedica during the first half of the year.

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