Best Stocks to Buy Today India : 24 November 2021

Before Market Opens
24 November, 2021

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

Day Trading:

Spicejet, Suzlon, Vodafone, Infosys, PNB, Yes Bank, Kovai Medical Centre, Wanbury, Latent View, Emami Realty, Mukta Arts

Short Term:

Raymond, TCNS Clothing, Triveni Turbine, Birlasoft, Glenmark, Chalet Hotel, Tata Steel, Sun Pharma, Airtel,

Long Term:

Vedanta, HCL, Reliance, Tata Power, Tata Motors, JSW, Powergrid, Coal India, NTPC,

IPO:

Starhealth IPO on 30 Nov

Source Click; Source Click 2; Source Click 3

 

Crypto: ( in Rs )

IOTX/INR: 13.402 (IoTeX)

BTC/INR: 4131017 (Bitcoin)

USDT/ INR: 71.6 (USD Tether)

SHIB/ INR: 0.00306 (SHIBA Inu )

WIN/ INR: 0.0587 ( Winklink )

LRC/ INR: 223.023 ( Loopring )

ETH/ INR: 310450 (Ethereum)

WazirxBinanceCurrency Analytics

Top Market News:

Crypto to be Banned ?

The government has listed a bill for the upcoming winter session of Parliament, starting November 29, seeking to ban all private cryptocurrencies. This is among the 26 pieces of legislation, including the repeal of three farm laws, listed for the session. Business Standard

Strategic Oil Reserves

India will release 5 million barrels of crude oil from its strategic petroleum reserves in a concerted effort to bring down global crude oil prices. This is roughly equivalent to a day’s consumption in the country. Business Standard

Mukesh Ambani succession Plan

Mukesh Ambani, Asia’s richest man, is eyeing a blueprint for the next stage of his $208 billion empire that seeks to avert the succession warfare that’s torn apart so many wealthy clans — including his own.. Business Standard

Vodafone Tariff raise

Vodafone Idea (Vi) has increased its prepaid tariff by 20-25 per cent, joining rival Bharti Airtel which increased its rates on Monday. Vi’s new rates will come into effect from November 25. Business Standard

Mobikwik IPO delay

Payments firm MobiKwik has pushed back its plan of a public listing to a later date. The company that had received Sebi clearance for its listing on October 7, had initially planned to list in November. MobiKwik, whose business model is similar to fintech player Paytm, had filed its paper to raise Rs 1,900 crore via an initial public offering (IPO). Business Standard

 

Business Trends

Carl Pei Nothing gets celebrity investments

Carl Pei’s Nothing bags investments from Karan Johar, Yuvraj Singh, others. In October, Nothing had announced completion of a series-A extension of USD 50 million (around Rs 376 crore) from strategic and private investors.

Bitcoin is Money ?

Bitcoin, 14 years in, is a failed tech effort. Money is what money does and Bitcoin still doesn’t do money. Surely you are smart enough to see that. It has only proven 12 years that it cannot be hacked and that I can send my money anywhere anytime.

Merck Covid Pill

Merck asks EU drug regulator to authorise its Covid-19 pill. In a statement Tuesday, the European Medicines Agency said it had started evaluating molnupiravir, made by Merck and Ridgeback Biotherapeutics, and that a decision could be made within weeks on whether it might be cleared.

Haber raises funding

AI-driven robot developer Haber raises $20 million in Series B funding.Ascent Capital, the lead investor in the Series B funding, was joined by Elevation Capital, Accel, Beenext, Temasek partner Mukul Chawla and several others.

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