Best Stocks to Buy Today India : 3 November 2021

Day Trading:  SBI, Eicher, Bata, Aditya Birla fashion, Vinyl Chemicals, Vidhi speciality, J&K Bank, Bandhan Bank

Short Term: Allcargo logist, Tube Investment, RBL Bank, Sriram transport, Indiabulls, Laopalla RG, BHEL, Bank of Baroda, Vodafone, Yes Bank,

Long Term: Maruti, Titan, NTPC, Larsen, Tata Power, Tata Motors, TCS, HDFC, Sun Pharma, PNB, Canara Bank

Source Click; Source Click 2; Source Click 3

Top Market News:

1. Ride-hailing firm Ola has reported its first operating profit of Rs 89.82 crore for 2020-21, even as its revenue declined 65 per cent to Rs 689.61 crore amid Covid-19 induced lockdowns. Business Standard
2. Troubled IL&FS group expects to resolve additional debt of about Rs 4,800 crore in five months, taking total amount resolved amounts close to Rs 57,000 by March 2022. Business Standard
3. It was Dhanteras alright but the usual sheen was missing, especially for the majority of consumer appliance makers and automobile manufacturers. Companies blamed persistent inflation, second wave of Covid-19, coupled with shortage of semiconductors, for the dam­p­ened overall festive spirits of shop­pers. According to estimates, two-whe­eler and car deliveries on Dhanteras were lower by 30 per cent as compared to last year. Business Standard
4. Bharti Airtel on Tuesday rang up a consolidated net profit of Rs 1,134 crore for the quarter ended September 30, beating estimates, aided by improved operational performance and exceptional income. Business Standard
5. With longer waiting periods due to chip shortage and the Covid impact dampening auto sector sales, vehicle financing is expected to get back to the FY19 level only by the middle of next financial year, a senior executive of Cholamandalam Investment and Finance Company (CIFC) has said. Business Standard

Google Trends

• An unsanctioned Squid Game cryptocurrency that played off the hit Netflix series made big losers out of people who bought in only to see the value plummet on Tuesday.
• According to the survey findings, one-fourth(25%) of the consumers are looking at increased spending while two-third (66%) are not so positive. Several factors such as rising inflation and waning income and career security are still playing on many consumer minds, the report added.
• Some weak signals suggest that cigarettes could disappear from our lifestyles in the next few years. Could it be that we are slowly moving towards a world without tobacco?
• EKINOPS a leading supplier of telecommunications solutions for telecom operators and enterprises, is announcing the acquisition of the start-up SixSq, a software-as-a-service (SaaS) provider for Edge Computing.
• Converge ICT Solutions co-founder and president Maria Grace Uy, wife of Converge founder and CEOGrace Uy, made it to Forbes Asia’s Power Businesswomen list 2021
• The total value of transactions using the Unified Payments Interface (UPI) surpassed $100 billion for the month of October. This would mark a record for UPI payments, managed by the National Payments Corporation of India (NPCI).

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