Best Stocks to Buy Today India : 21 December 2021

Before Market Opens
21 December, 2021

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

Top Gainers (1 day) /  Only Buyers:

Cipla, Alembic Pharma, Glenmark, HUL, Aurobindo Pharma, Future retail, Future consumer, Suzlon Energy, Triveni Turbine, Tasty Bite,

Top Losers ( 1 day ) / Only Sellers: 

Bandhan Bank, L&T Tech, Firstsource Solar, Delta, AU Small finance, Spandana Sphoor, Oil India, Network 18

Top Gainers (1 week/ 1 month):

Future retail, Future consumer, Bajaj Electric, Swan Energy, KPR Mill, Vodafone, Elgi, Raymond

Top Losers ( 1 week/ 1 month ):

Network18, Sriram City, TTK, Welspun, Sriram transport, Gulf Oil, PVR, HEG, Whirlpool

52 week high:

Steel Exchange, Visesh Infotech, CCCL,

52 week low:

Bandhan Bank, Dhani Services, Gulf Oil, Wockhardt, Amara Raja Batteries

Deals/ Orders:

Bajaj Finance, Lloyd Steel, Infosys, Reliance

IPO:

CMS Info Systems Limited IPO: Dec 21-23

 

Source Click; Source Click 2; Source Click 3

 

Cryptocurrency: ( in Rs )

BTC/INR: 36,91,627 (Bitcoin)

ETH/ INR: 3,05,994 (Ethereum)

USDT/ INR: 79.92 (USD Tether)

SHIB/ INR: 0.002300 (SHIBA Inu )

DOGE/ INR: 13.1 ( Dogecoin )

IOTX/INR: 9.518 (IoTeX)

WazirxBinanceCurrency Analytics

Top Market News:

Supplementary Demand for Grants this year was around 9.6 per cent of the 2021-22 Budget 

Union Finance Minister Nirmala Sitharaman on Monday said the additional expenditure consent sought by the Centre from Parliament through Supplementary Demand for Grants this year was around 9.6 per cent of the 2021-22 Budget size of Rs 34.8 trillion. This compares to 8.6 per cent during the time of the Manmohan Singh government in 2011-12, she said, adding that the Centre did not under-provision in the Budget.. Business Standard

What happens in Europe is a bit of a preview for what we see in the United States

U.S. stock indexes fell more than 1% on Monday, dragged by concerns about the impact of tighter COVID-19 curbs on the global economy, and a potentially devastating setback to President Joe Biden’s investment bill. Business Standard

Cars24 raises $400 mn 

Cars24, an e-commerce platform for pre-owned vehicles, on Monday said it had raised $400 million in its Series G round of funding at a $3.3-billion valuation. The company’s previous funding round was in September, when it raised $450 million at a $1.84-billion valuation.. Business Standard

No new futures for 7 food items for one year

To reign in rising food inflation, the Securities and Exchange Board of India (Sebi) has barred exchanges from launching new futures contracts in seven food items for one year with immediate effect. The commodities are paddy (non-basmati), wheat, chana, mustard seeds and their derivatives, soybean and its derivatives, crude palm oil, and moong. Business Standard

Sensex fell 1189 points

The Indian benchmark indices plunged on Monday as rising Covid cases due to the Omicron variant triggered a global sell-off in equities. The Sensex fell 1189 points and ended the session at 55,822, a decline of 2.09 per cent – the sharpest since November 26, 2021. This is the lowest closing for the 30-share index since August 23 this year. Business Standard

 

Business Trends

Sameer Gehlaut sells £150 million stake in Indiabulls

Sameer Gehlaut, founder of Indiabulls Group, is eyeing up further investments in the UK following the sale of a £150 million stake in one of his companies, Indiabulls Housing Finance, to Blackstone, the Abu Dhabi Investment Authority, amongst others.

Turkey to continue rate cuts

President Recep Tayyip Erdogan pledged to continue interest rate cuts that have made the Turkish lira the world’s worst performing currency over the past three months, referring to Islamic proscriptions on usury as a basis for his new policy push.

Nandita Bakhshi excited about BMO buying Bank of the West

Bank of Montreal (BMO) has agreed to buy San Francisco-based Bank of the West, the U.S. retail presence of French lender BNP Paribas, for $16.3 billion. Bank of the West CEO Nandita Bakhshi said she is “excited for what this new opportunity will bring for our customers, our employees and our longstanding community partners.”

 

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