Best Stocks to Buy Today India : 10 December 2021

Before Market Opens
10 December, 2021

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

Top Gainers (1 day) /  Only Buyers:

Vodafone, ITC, Granule India,  Firstsource Solar, Can Fin Homes, Equippp, Reliance Comm, Century Extr, Next Mediaworks, Jaiprakash Power

Top Losers ( 1 day ) / Only Sellers: 

SBI Card, Biocon, Chambal Fert, Havells India, Apollo Hosp, NxtDigital, MBL Infra, Shriram EPC,

Top Gainers (1 week/ 1 month):

Delta Corp, Nalco, Jindal Steel, Escorts, Zee Entertain, Birla Soft,

Top Losers ( 1 week/ 1 month ):

Stride Pharma, Coal India, Whirlpool, ICICI Prudential, PVR, M&M Financial, Manappuram Fin.

52 week high:

Vodafone, ABB, Tanla, Adani Total, Zee Entertainment

52 week low:

Gulf Oil Lubricants, Marine Electric, SJS Enterprises

Deals/ Orders:

Tata Steel, Jaiprakash Power, Tata Teleservices, IIFL Finance, Trident

IPO:

Metro Brands IPO: Dec 10-14

MapmyIndia IPO: December 9-13

Learn more here before investing.  Mapmyindia vs Google Maps: Can Mapmyindia provide an alternative?

Source Click; Source Click 2; Source Click 3

 

Cryptocurrency: ( in Rs )

IOTX/INR: 10.499 (IoTeX)

BTC/INR: 3891380 (Bitcoin)

ETH/ INR: 333900.0 (Ethereum)

USDT/ INR: 80.95 (USD Tether)

SHIB/ INR: 0.002832 (SHIBA Inu )

DOGE/ INR: 13.8822 ( Dogecoin )

 

WazirxBinanceCurrency Analytics

Top Market News:

Investors continue investing in MFs

Investors continued to pour money into equity mutual funds (MFs) in November even as the benchmark indices saw their biggest correction in 21 months. Equity-oriented schemes saw net inflows of Rs 11,614.73 crore during their month. Business Standard

Maruti Suzuki sells in rural Market

Rural sales at car market leader Maruti Suzuki India have touched a three-year high. Four in every ten cars sold by the company in the domestic market are in rural India. It rose to 7 per cent year-on-year in the first eight months of the current fiscal as compared to 3 per cent rise seen in urban markets. Business Standard

Rupee at 18 month low

The Indian rupee closed at a nearly 18-month low on Thursday, a day after the Reserve Bank of India (RBI) maintained a status quo on policy rates but tightened excess liquidity from the banking system. Business Standard

Top 500 companies add $ 1.2 trillion

The top 500 Indian companies added $1.2 trillion in value to a total of $3 trillion valuation as stock markets rose to record high in 2021 on the back of a fast-growing digital economy coupled with increased optimism for the post-Covid growth trajectory of the Indian economy, as per a latest report from Hurun India, a research firm.. Business Standard

Paytm now a scheduled payments bank

Paytm Payments Bank, an associate entity of Paytm, on Thursday said it has received the banking regulator’s approval to operate as a scheduled payments bank, helping it to expand its financial services operations.. Business Standard

 

Business Trends

RIL most valuable company

With a value of ₹16.7-lakh crore, Reliance Industries is India’s most valuable company, followed by Tata Consultancy Services with ₹13.1-lakh crore and HDFC Bank with ₹9.1-lakh crore.

NBFC Authum resolution plan passed

NBFC Authum Investment and Infrastructure’s resolution plan has been voted with an overwhelming majority of over 99 per cent by the debenture holders,” said a person familiar with the development.

Bajaj Electricals restructuring

Bajaj Electricals has decided to review its existing corporate structure due to the nature and potential opportunities of each of its business segments, the company said in its release. .

 

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