Best Stocks to Buy Today India : 16 December 2021

Before Market Opens
16 December, 2021

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

Top Gainers (1 day) /  Only Buyers:

PI Industries, CG Consumer, Torrent Power, Chambal Fert, Sun Pharma, Vardhman Text, Fine Organics, UTI AMC , Trident,  Swan Energy, Bajaj Electric

Top Losers ( 1 day ) / Only Sellers: 

IEX, Pfizer, Polycab, Godrej Properties, Guj State Petro, TTK, Infibeam, Welspun, JK Laxmi Cements, GE Power India,

Top Gainers (1 week/ 1 month):

Siemens, Granules India, Pidlite, Asian Paints, Delta Corp, Vodafone, Birlasoft, Indiabulls, Chambal Fertiliser,

Top Losers ( 1 week/ 1 month ):

SBI Card, Shriram Transport, Bajaj Finance, NMDC, Bajaj Finserv, Whirlpool, PVR, Ashok Leyland, Chola

52 week high:

Vardhaman, Adani Total Gas, Elgi, Fine Organics, Torrent Power

52 week low:

Star Health

Deals/ Orders:

SBI, Paytm, CG Power, GTL Infra, Tata Teleservice

IPO:

Data Patterns IPO: Dec 14-16

Source Click; Source Click 2; Source Click 3

 

Cryptocurrency: ( in Rs )

IOTX/INR: 9.081 (IoTeX)

BTC/INR: 3875000 (Bitcoin)

ETH/ INR: 319500 (Ethereum)

USDT/ INR: 79.32 (USD Tether)

SHIB/ INR: 0.002693 (SHIBA Inu )

DOGE/ INR: 14.4973 ( Dogecoin )

 

WazirxBinanceCurrency Analytics

Top Market News:

76000 crore package for semiconductor 

The Union Cabinet on Wednesday cleared a comprehensive Rs 76,000-crore ($10-billion) package to build a much-needed semiconductor ecosystem in the country. The incentives will be extended to a range of new units — greenfield chip fab and display fab units, apart from compound semiconductor and ATMP (assembly, testing, marking, and packaging) facilities. Business Standard

Global Shares rise

Global shares rose slightly on Wednesday after the U.S. Federal Reserve said it would end its pandemic-era bond purchases in March. The announcement paves the way for three quarter-percentage-point interest rate increases by the end of 2022, as the Fed exits from policies enacted at the start of the global health crisis. Business Standard

JioMart’s orders on Whatsapp

JioMart will roll out a conversational e-commerce on WhatsApp, which will allow retailers in its network and customers to order essentials like grocery items and snacks both on demand and via subscriptions next year, Reliance Jio executives Isha Ambani and Akash Ambani said at Meta’s (formerly Facebook) Fuel for India 2021 event on Wednesday.. Business Standard

Stop Indiscriminate use of PMLA: SC

Indiscriminate use of the Prevention of Money Laundering Act by the Enforcement Directorate (ED) will affect the “value” of the legislation and it cannot be wielded as a weapon to put people behind bars, the Supreme Court said on Wednesday. Business Standard

Indian Economy move forward with Omicron risk

The Indian economy “continues to forge ahead, emerging out of shackles of pandemic,” but the rise of the Omicron variant has emerged as the biggest risk factor, said the state of the economy report released with the December bulletin of the Reserve Bank of India (RBI) on Wednesday.. Business Standard

 

Business Trends

MODIFI announced $145 million debt financing

Fintech MODIFI on Wednesday announced $145 million in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The funds will be used to address increasing demand and help more small and medium-sized enterprises trade internationally on MODIFI’s digital platform.

PayTM shares fall again

Shares of recently-listed One97 Communications-owned Paytm slumped over 10 per cent during the intra-day trade on Wednesday as the mandatory one-month lock-in period for anchor investors ended.

 

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