Best Stocks to Buy Today India : 01 December 2021

Before Market Opens
1 December, 2021

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

Day Trading:

Navin Fluorine, Metropolis, India Hotels, REC, Gujarat State Petro, Go Fashion, Talbro, Sriram City, Sirca Paints, Ortin Labs, Gulf Oil Lub, Valiant Organ,

Short Term:

KPIT Tech, Timken, Orient Electric, Rajesh Exports, Ratnamani Metals, Sonata, PNB Housing fin, REC, SRF, Mphasis, Indusind, Interglobe

Long Term:

Powergrid, Titan, SBI Life, Shree Cements, Bajaj finserv, Infosys, Coal India, Reliance, Tata Motors, HDFC,  Wipro, Nestle, NTPC,

IPO:

Star Health – November 30 – December 2,

Tega Industries – December 1-3.

Source Click; Source Click 2; Source Click 3

 

Cryptocurrency: ( in Rs )

IOTX/INR: 11.997 (IoTeX)

BTC/INR: 4429122 (Bitcoin)

ETH/ INR: 360676 (Ethereum)

USDT/ INR: 77.61 (USD Tether)

SHIB/ INR: 0.00373 (SHIBA Inu )

DOGE/ INR: 16.8263 ( Dogecoin )

 

WazirxBinanceCurrency Analytics

Top Market News:

Double Digit Growth for India

Chief Economic Adviser (CEA) K V Subramanian on Tuesday exuded confidence that India would achieve double-digit growth in the current financial year on the back of policy initiatives and continuing reforms. Business Standard

India’s real GDP 8.4 %

India’s real GDP expanded by a higher-than-expected 8.4 per cent in year-on-year (YoY) terms in Q2FY22. With this, the absolute level of GDP reverted mildly above the pre-Covid level of Q2FY20, which should be a cause for celebration.. Business Standard

India’s fiscal deficit at 36.3% of Budget estimate

The Union government’s fiscal deficit for the April-October period came in at Rs 5.47 trillion or 36.3 per cent of the Budget estimates. In the corresponding period last year, the country’s fiscal deficit was a high 119.7 per cent. In the pre-pandemic period (April-October 2019-20), the fiscal deficit was 102.4 per cent of the Budget numbers.. Business Standard

Cryptocurrency bill after Cabinet approval

Finance Minister Nirmala Sitharaman on Tuesday clarified in Rajya Sabha that the government is not considering a ban on cryptocurrency advertisements and that a bill will be introduced in Parliament after Cabinet approval.. Business Standard

Wall Street lower as inflation risk increase

Wall Street’s main indexes closed lower on Tuesday after Federal Reserve Chair Jerome Powell signaled that the US central bank would consider speeding up its withdrawal of bond purchases as inflation risks increase, piling pressure onto a market already nervous about the latest COVID-19 variant.. Business Standard

 

Business Trends

Dow Futures fall

U.S. stock futures declined sharply Tuesday as investors reassessed risks associated with the new Covid omicron variant. Wall Street saw a rebound Monday after Friday’s plunge. Heading into the last day of November, the Dow was lower for the month, while the S&P 500 and Nasdaq were higher for the month.

Apple supports World AIDS day

Apple has also announced that, now through December 6, it will donate $1 for every purchase made with Apple Pay on Apple.com, through the Apple Store app, or at an Apple Store in the U.S. to The Global Fund to support the fight against AIDS and COVID‑19. Apple said it will donate a maximum of $1 million through this initiative..

 

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