Best Stocks to Buy Today India : 8 November 2021

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

Day Trading:  Britannia, Aurobindo, Shyam Metallics, Sobha, Vodafone, Suzlon, Trident, PNB, Poonawalla Fincorp

Short Term: SKF, Century, Suven Pharma, Garden Reach, Supreme Petrochem, Indian Hotels, Tata Motors, Tata Power, SBI, Reliance, ICICI

Long Term: Eicher, M&M, ITC, Bajaj Auto, IOC, Larsen, Kotak Mahindra, IRCTC, Sun TV

IPO: Paytm

Source Click; Source Click 2; Source Click 3

Top Market News:

1. Independent directors of Future Retail (FRL) have complained to the Competition Commission of India (CCI), saying that American retail giant Amazon had violated foreign direct investment norms when it picked up a 49 per cent stake in the company’s promoter entity, Future Coupons (FCPL), and applied for the CCI’s approval by concealing facts. Business Standard
2. A vulnerability at a CDSL subsidiary, CDSL Ventures Limited (CVL), has exposed personal and financial data of over 4 crore Indian investors twice in a period of 10 days, according to cyber security consultancy startup CyberX9.. Business Standard
3. The finance ministry will soon start the process for the appointment of managing director (MD) and deputy managing directors (DMDs) of the newly set up Rs 20,000 crore development finance institution NaBFID, to catalyse investment in the fund-starved infrastructure sector.. Business Standard
4. The total incidence of taxes on petrol has come down to 50 per cent and that on diesel to 40 per cent following a reduction in excise duty by the central government, and by a slightly higher proportion in states that have also cut local sales tax or VAT on the fuel.. Business Standard
5. Strong inflows in new fund offers (NFOs) and a stable SIP book helped equity mutual funds attract a net investment of nearly Rs 40,000 crore in the three months ended September 2021, a two-fold growth from the preceding quarter.. Business Standard

Business Google Trends

• Suven Pharmaceuticals on Saturday posted a 31 per cent increase in its consolidated net profit at Rs 97 crore for the second quarter ended September 30..
• EKI Energy Services is eyeing a turnover of Rs 1,000 crore in the current fiscal and expects sales to grow up to 50% in 2022-23 in the backdrop of many nations opting for the ‘net zero’ emissions goal, a top company official said.
• After a decent response to its initial public offering (IPO),  SJS Enterprises gears up to finalise the share allotment on November 10.
• Doha – QatarEnergy has ordered six LNG ships from two South Korean shipyards, the first batch under a 2020 agreement, as the Gulf state seeks to meet requirements for its North Field expansion plans.

Disclaimer: Strategyboffins.com advises users to check with certified experts before taking any investment decisions.