Best Stocks to Buy Today India : 25 November 2021

Before Market Opens
25 November, 2021

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

Day Trading:

Mindtree, Pidlite, NALCO, IRCTC, Abbott India, Bosch, PVR, Infoedge, Tata Motors, Vodafone, IOB, Spandana Sphoor, Marshall Machin,

Short Term:

Zee Entertain, Chambal Fertilisers, Elgi Equipment, Raymond, Central Bank, Adani Ports, Laurus Labs, Torrent Power, Ujaas Energy

Long Term:

Adani, ONGC, Coal India, BPCL, Kotak Mahindra, ICICI Bank, Bajaj Finance, Powergrid, Escorts, Apollo Hospital

IPO:

Starhealth IPO on 30 Nov

Source Click; Source Click 2; Source Click 3

 

Crypto: ( in Rs )

IOTX/INR: 13.300 (IoTeX)

BTC/INR: 4240500 (Bitcoin)

ETH/ INR: 317480.2 (Ethereum)

USDT/ INR: 74.2 (USD Tether)

SHIB/ INR: 0.002799 (SHIBA Inu )

WIN/ INR: 0.0567 ( Winklink )

LRC/ INR: 242.00 ( Loopring )

WazirxBinanceCurrency Analytics

Top Market News:

Crypto to be Banned ?

An outright ban on crypto is unlikely as retail investors in the country hold about $6 billion of such virtual currencies, CoinSwitch Kuber founder and CEO Ashish Singhal said in a webinar on Wednesday. He also sounded a word of caution on the consequences of a ban, saying the Nigerian government had to walk back its ban within 12 days as crypto is a peer-to-peer technology that can’t be easily contained.. Business Standard

Equalisation Levy to continue

The 2 per cent equalisation levy imposed by India on digital players will continue for US companies until a global agreement on taxing multinational enterprises (MNEs) comes into effect or March 31, 2024, whichever is earlier. The United States, on the other hand, has committed to withdrawing its threat of retaliatory trade action against India, according to an agreement reached between the two countries on Wednesday.. Business Standard

Crypto to survive ?

Former RBI governor Raghuram Rajan on Wednesday said only a “handful” of the 6,000-odd cryptocurrencies in existence today might survive going forward. Comparing the craze in cryptocurrency with that of the tulip mania in the Netherlands in the 17th century, Rajan said people hold cryptocurrencies for two reasons — store of value and an asset which might appreciate; and for use in payments. Business Standard

Dream Sports raises $840 million

Sports technology company Dream Sports, the parent firm of fantasy sports platform Dream11, said on Wednesday that it completed an investment of $840 million at a valuation of $8 billion. This was led by Falcon Edge, DST Global, D1 Capital, Redbird Capital and Tiger Global, even though the larger gaming sector continues to face regulatory uncertainty. Business Standard

Star Health IPO

Star Health and Allied Insurance, India’s largest standalone health insurer, is looking to raise Rs 7,249 crore from its initial public offering and has set a price band of Rs 870-900. It will be the fourth non-life insurer and seventh insurer to list on the bourses.. Business Standard

 

Business Trends

NoBroker, Real Estate Unicorn

NoBroker, a Bengaluru-based real estate platform, has raised $210 million in its Series E round, bringing its total funding to $361 million. The investment was led by existing investors General Atlantic and Tiger Global Management, and it also featured participation from Moore Strategic Ventures..

Predictive Analytics

Being able to predict the future may seem impossible. However, with today’s predictive analytics, enterprises can make accurate assessments that can be used to inform their strategic planning.

Semiconductor supply improves

The availability of semiconductors has slowly-but-surely improved which has allowed for greater production as well as reduced waiting periods for some car models, automobile major Maruti Suzuki India said..

UST expands

UST, a digital transformation solutions company, announced the expansion of the workforce in its Bengaluru to over 6,000 employees

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