Best Stocks to Buy Today India : 20 December 2021

Before Market Opens
20 December, 2021

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

Top Gainers (1 day) /  Only Buyers:

Wipro, Persistent, Infosys, L&T Infotech, Mphasis, Sundaram Fin, JM Financial,

Top Losers ( 1 day ) / Only Sellers: 

Indiabulls Hsg, Apollo Hospital, BHEL, Strides Pharma, Zee Entertain, Dhani Services, Swan Energy

Top Gainers (1 week/ 1 month):

Vodafone, Elgi, Tanla, Trident, Raymond, Bajaj Electric, Wipro, Bluestar, KPR Mill, Swan Energy, Minda Ind, Vardhman Text,

Top Losers ( 1 week/ 1 month ):

Network18, Gujarat Fluoro, Sriram Transport, IDBI Bank, PVR, Gulfoil Lub, Whirlpool, TML-D

52 week high:

Persistent, Grindwell Norto, Tech Mahindra, Birlasoft, KPR Mill

52 week low:

Strides Pharma, Dhani Services, Gulf Oil, Akzo Nobel, City Union bank

Deals/ Orders:

HDFC, Reliance Comm, Vodafone, Wipro, Infosys

IPO:

CMS Info Systems Limited IPO: Dec 21-23

Supriya Lifescience IPO: Dec 16-20

Source Click; Source Click 2; Source Click 3

 

Cryptocurrency: ( in Rs )

BTC/INR: 3759665 (Bitcoin)

ETH/ INR: 313527.3 (Ethereum)

USDT/ INR: 80.04 (USD Tether)

SHIB/ INR: 0.002516 (SHIBA Inu )

DOGE/ INR: 13.7063 ( Dogecoin )

IOTX/INR: 8.955 (IoTeX)

WazirxBinanceCurrency Analytics

Top Market News:

Razorpay at $7.5 Billion valuation

Fintech unicorn Razorpay has raised $375 million in the Series F round of funding at a $7.5-billion valuation, making it India’s second-most valuable start-up in this space, after Paytm. The company valuation has surged over seven times in 15 months, helping it push Walmart-owned digital payments firm PhonePe to the third spot on the country’s most-valuable fintech list.. Business Standard

India Omicron at 151

India’s Omicron COVID count rose to 151 on Sunday after Maharashtra reported six more cases while a 45-year-old NRI and a teenage boy, who recently arrived in Gujarat from the United Kingdom, also tested positive for the variant. Business Standard

CEOs: Indian Economy to grow at 10%

Indian economy is all set for a strong rebound in the current fiscal posting a growth rate of 9-10 per cent, says a CEOs poll conducted among the members of the CII National Council. Business Standard

Accenture good results

Accenture’s Q1 FY22 results have sent a wave of cheer among analysts, as the company raised its revenue guidance and said it expects double-digit growth in outsourcing, up from single digit to low double-digit growth expected earlier. Business Standard

LIC valuation delay

The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time, and the preparatory work is still far from complete.. Business Standard

 

Business Trends

5% GST on restaurant services through Zomato/Swiggy

E-commerce operators (ECOs) such as Zomato and Swiggy, which will be liable to pay the 5% goods and service tax on restaurant services supplied through them from January 1, are staring at an onerous task of changing their software in less than two weeks as the invoicing responsibility has also shifted from restaurants to them..

NHPC to set up 27 GW RE

State-owned NHPC has plans to set up new hydro and solar projects of more than 27 GW in India and Nepal

Markets this week

Domestic equities will be mainly driven by global market trends, foreign institutional investors’ movement and developments around the new Covid variant Omicron this week, according to analysts.

 

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