Best Stocks to Buy Today : 26/10/21

Before Market Opens
26 October, 2021

Day Trading: Bajaj Finance, Kotak Mahindra, Ambuja Cements, Maruti Suzuki, Titan, L&T, Vardhman Acrylics, Venus Remedies, IG Petrochem

Short Term: MRPL, Shoppers stop, Balaji Amines, Oil India, KEC Intern., Bank of Baroda, Vodafone, PNB,

Long Term: ICICI Bank, Axis Bank, ONGC, JSW Steel, Dr Reddys, SBI, M&M, SBI, Canara Bank

Source Click; Source Click 2; Source Click 3

 

Top Market News:

  1. Three foreign institutional investors–Vanguard, Quant Mutual Fund and Norges–have bought collectively acquired 2.64 per cent in telecom gear makers HFCL Ltd. Business Standard
  2. In a closely watched contest for two new IPL T-20 teams, RP-Sanjiv Goenka group and private equity player Irelia (part of CVC Capital Partners) have emerged winners. . Business Standard
  3. Close on the heels of Vodafone Idea, Bharti Airtel is learnt to have opted for the four-year moratorium for payment of adjusted gross revenue (AGR) dues. Business Standard
  4. Reliance Jio on Monday confirmed operating system and processor details of the JioPhone Next ahead of Diwali launch. Announced at the Reliance Industries’ annual general meeting earlier this year, the JioPhone Next will be powered by Google Android operating system-based Pragati OS and Qualcomm processor. Business Standard
  5. India’s plan to privatize Bharat Petroleum Corp. has run into rough weather with bidders struggling to find partners and spread their financial risks, according to people familiar with the matter. Business Standard

 

Google Trends

  • The Coca Cola company is being called out for having contributed more plastic pollution globally than the next two companies combined, according to a Break Free From Plastic report.
  • Twitter’s algorithms are disproportionately boosting right-leaning news outlets and conservative content, a new study by the company finds. And Twitter doesn’t really know why.
  • The La Niña pattern, which forms when equatorial trade winds strengthen to bring colder, deep water up from the bottom of the sea, has emerged in the Pacific. Iron ore price rebounds while La Niña threatens to worsen energy crisis

 

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