Best Stocks to Buy Today India : 2 November 2021

Day Trading: Bharti, Dabur, Sun Pharma, Godrej properties, SBI, Eicher, Bata, Aditya Birla, Coffee day, Steel Exchange, Soma Textiles, Arvind

Short Term: Varun Beverages, Sobha, GNFC, Macrotech Dev.,Vodafone, Suzlon, GMR infra,

Long Term: Indusind, Hindalco, HCL, Grasim, Tata Steel, Tech Mahindra, SAIL, IRCTC, RIL,

IPO: Policybazaar, Sigachi Industries

Source Click; Source Click 2; Source Click 3

Top Market News:

1. Merchandise exports continued to remain robust in the month of October, rising 42 per cent on-year to $35.47 billion, preliminary data released by the commerce and industry ministry showed. Business Standard
2. Prime Minister Narendra Modi on Monday gave a five-pronged target for India and finally committed to a Net Zero emission target by 2070, joining the likes of the US, the UK and China. Business Standard
3. Post handing over of Air India to the Tatas, government officials will be free to book their travel with any airline that offers them the best price. And, the Centre will not have a tie up with any carrier, department of investment and public asset management (DIPAM) Secretary Tuhin Kanta Pandey said. Business Standard
4. Auto major Tata Motors reported a consolidated net loss of Rs 4,415.5 crore for the quarter ended September (Q2FY22) owing to the dual impact of semiconductor shortage and high input prices. The company had posted a net loss of Rs 314 crore in the year-ago period (Q2FY21) and Rs 4,451 crore in the June quarter, respectively. Business Standard
5. Australia on Monday recognised Covaxin for the purpose of establishing a traveller’s vaccination status, two days before the World Health Organization meets for final assessment of the emergency use listing of the made-in-India vaccine. Business Standard

Google Trends

• The public issue of PB Fintech, which owns Policybazaar and Paisabazaar platforms, has seen a subscription of 54 percent on November 1, the first day of bidding, as it received bids for 1.85 crore equity shares against an offer size of 3.45 crore equity shares, as per exchange data.
• The initial public offering (IPO) of Sigachi Industries, manufacturer of cellulose-based excipient, opened for subscription earlier today. So far, the issue was subscribed 9.52 times by the end of the first day of bidding on Monday.
• The initial public offering (IPO) of FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products Nykaa, was subscribed more than 82 times at the end of the final day of bidding.
• Cryptocurrency exchange Crypto.com now tops the charts as the most downloaded app for the U.S. Google Play Store across all categories
• Working in partnership with the Telecommunications Regulatory Commission of Sri Lanka (TRCSL), Airtel Lanka announced the recent completion of a new 4G tower in the Ratnapura District under the Gamata Sanniwedanaya initiative
• The Rajasthan Police on Sunday arrested Pratip Chaudhuri, former State Bank of India chairman, in Delhi in connection with an alleged loan scam.

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