Best Stocks to Buy Today India : 9 November 2021

Before Market Opens
9 November, 2021

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

Day Trading: Indusind Bank, Vodafone, Yes Bank, Pidilite, Zomato, Berger Paints, Power Grid, M&M, Bosch, Petronet LNG

Short Term: VRL Logistics, Union Bank, Whirlpool, VIP Inds, Muthoot Fin, Prince Pipes, Suzlon, Bank of Baroda, SAIL, Bajaj Finserv, Tech Mahindra,

Long Term: Biocon, Tata Power, IEX, SBI, Reliance, HDFC, Tata Motors, Titan, IOC, Ultratech,

IPO: Paytm , Sapphire Foods,

 

Source Click; Source Click 2; Source Click 3

 

Top Market News:

  1. Mukesh Ambani-led Reliance Industries has exited all its business in the upstream oil and gas shale play that was based out of the United States. A company statement said that Reliance Eagleford Upstream Holding (REULP), a wholly-owned step-down subsidiary of Reliance Industries, announced the signing of agreements with Ensign Operating III, a Delaware limited liability company, to divest its interest in certain upstream assets in the Eagleford shale play of Texas, USA. Business Standard
  2. India’s stock exchanges have decided to jointly introduce the T+1 settlement cycle in phases from February 25, beginning with the bottom 100 stocks by market capitalisation. Business Standard
  3. The Future group on Monday moved Supreme Court to appeal against a Delhi High Court, which had endorsed a Singapore arbitration panel’s decision to freeze the ~24,700 crore transaction with Reliance Retail. Business Standard
  4. The information technology industry is evaluating options in Delhi and the National Capital Region on account of Haryana’s decision to mandate 75 per cent job reservations for locals in the state from January 15, 2022. “The industry is evaluating what the options are in Delhi and Noida in terms of fresh growth, because this (law) applies only to new jobs. Business Standard
  5. The Rs 18,300-crore Paytm IPO had been subscribed 18 percent on November 8, the first day of bidding, receiving bids for 88.23 lakh equity shares against offer size of 4.83 crore shares. The portion set aside for retail investors was subscribed 78 percent, while the reserved portion of non-institutional investors was subscribed 2 percent, and qualified institutional buyers have put in bids for 16.78 lakh shares against 2.63 crore shares set aside for them. Money Control

 

Business Google Trends

  • During the first week of the COP26 climate summit, over 40 countries have pledged to give up coal within 2030. Coal is one of the largest sources of electricity in the world currently..
  • More than 3 million rooftop solar systems have now been installed and 2021 is on track to be another record year in Australia,  the Clean Energy Council said Tuesday.
  • According to The Wall Street Journal, internal documents from Facebook’s own researchers show that the social media company knew for years that it was harmful to 1 in 8 users.
  • Kerala State Electricity Board Limited (KSEBL) has invited bids to install a cumulative 40 MW capacity of decentralized, ground-mounted, grid-connected solar power plants under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) scheme.
  • The Olectra Greentech Limited (Olectra) and the Evey Trans Private Limited (EVEY), leaders in electric mobility and manufacturing of electric buses (e-buses), received a letter of award from the Andhra Padesh State Road Transport Corporation (APSRTC) for supply of 100 e-buses under the Government of India’s FAME-II scheme.

 

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