Best Stocks to Buy Today India : 24 December 2021

Before Market Opens
24 December, 2021

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

Top Gainers (1 day) /  Only Buyers:

MMTC, First Source Solar, JB Chem, GE Shipping, Dhani Services, KEI industries, Birlasoft, Radico Khaitan,

Top Losers ( 1 day ) / Only Sellers: 

Responsive Ind, TCI Express, Future Retail, Zee Entertain, Jindal Stainless, Future Consumer,

Top Gainers (1 week/ 1 month):

Minda, Suzlon, Wipro, La Opala, Vodafone, Elgi, KPR Mill,

Top Losers ( 1 week/ 1 month ):

Network18, Indiabulls hsg, Shriram City, BSE, CSB Bank, Gulf Oil, Shriram Transport, Spicejet, Whirlpool

52 week high:

Birlasoft, Max Healthcare, Infosys, Tech Mahindra, Schaeffler India

52 week low:

Destiny Logistics,

Deals/ Orders:

Zee Entertainment, Bajaj Finserv, JP Power, Yes Bank

IPO:

 

Source Click; Source Click 2; Source Click 3

 

Cryptocurrency: ( in Rs )

BTC/INR: 3839522 (Bitcoin)

ETH/ INR: 311990.0 (Ethereum)

USDT/ INR: 79.15 (USD Tether)

SHIB/ INR: 0.002868 (SHIBA Inu )

DOGE/ INR: 13.9287 ( Dogecoin )

IOTX/INR: 9.525 (IoTeX)

WazirxBinanceCurrency Analytics

Top Market News:

Equity funds shining

Buoyant stock markets and strong performance of equity schemes have led to equity funds mobilising Rs 46,752.37 crore through new fund offers (NFOs) in the current calendar year (2021, or CY21). The data from Value Research shows that NFO collection in CY21 was the highest in a decade, with 13 of the 70 equity schemes cornering 75 per cent of the amount raised.. Business Standard

RBI extends deadline for tokenisation

The Reserve Bank of India (RBI) on Thursday extended the deadline for wiping off card data on merchant sites and applying tokenisation by another six months as merchants and payments companies expressed their inability to meet the December 31 deadline.. Business Standard

L&T mutual fund business to HSBC  

L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of L&T. Business Standard

Wall Street rose for 3rd day

Wall Street’s main indexes rose solidly for a third straight session on Thursday after more encouraging developments about the impact of the Omicron variant of the coronavirus, lifting the mood ahead of Christmas break. . Business Standard

Senior executives quit at Paytm

Three senior executives at Paytm have quit the financial services firm that recently listed on the Indian stock exchange, a news report said Thursday. According to a report in the Mint, Abhishek Arun, chief operating officer (COO) of Paytm Payments Bank; Renu Satti, COO, offline payments; and Abhishek Gupta, senior vice-president and COO, lending, have left the firm. Business Standard

 

Business Trends

Medplus listing

Shares of Medplus Health stock closed over 40% higher after the pharmacy retailer made a decent market debut today. The stock closed 40.81% higher at Rs 1120.85 on BSE against IPO price of Rs 796..

Portuguese insurance broker MDS for 200 million pounds

Ardonagh Group is nearing a deal to buy Portuguese insurance broker MDS Group for more than 200 million pounds ($268 million), according to a person familiar with the matter..

 

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