Dalal Street Breakfast: 09 May 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market ends mixed. Dow 🟢 +0.44%, S&P500 🔴 0%, NASDAQ 🔴 -0.18%.
US Futures are trading marginally lower at 🔴 -0.06%
Europe ended higher: London FTSE 🟢 0.49%, Paris CAC 🟢 0.69% , Frankfurt DAX 🟢 0.37%
Asia opens higher: Japan Nikkei 🟢 0.39% , China Shanghai 🟢 0.51%
Commodities: Gold 🔴 -0.25% , Crude Oil 🟢 +0.39%
GIFT Nifty is trading at 22400 indicating a flat opening for Nifty.
Key Stock Updates
New Orders & Projects:
L&T secures key orders in renewables and grid systems globally.
TVS Supply Chain Solutions secures contract for VECV's Baggad plant.
NBCC (India) Limited receives work orders worth approximately Rs. 400 crore from Amrapali projects.
Vishwas Agri Seeds receives Rs. 10 Crore order from DCM Shriram.
Partnerships, Acquisitions & Investments:
Wipro and Kognitos collaborate for GenAI-based Business Automation Solutions.
Piramal Enterprises completes 9.85% stake acquisition in Annapurna Finance.
Reliance Industries acquires 100% stake in Reliance Chemicals and Materials Limited.
G E Shipping acquires "Jag Prachi" tanker for fleet expansion.
Business Operations:
Key Deals:
Chennai Petroleum Corp: Polunin Emerging Markets Small Cap Fund Llc sells ₹69.87Cr
Today’s Results Announcements
Asian Paints
Bharat Petroleum Corporation
Indian Overseas Bank
Hindustan Petroleum Corporation
Abbott India
Escorts Kubota
Alembic Pharmaceuticals
Computer Age Management Services
Intellect Design Arena
Mahanagar Gas
Alkyl Amines Chemicals
Gopal Snacks
Hikal
CARE Ratings
Ajmera Realty and Infra India
ADF Foods Industries
Capital Small Finance Bank
Today’s IPOs
Open for Bidding:
Listing:
None
Today’s Economic Calendar
No Events
Nifty Futures - Key Levels
Bullish above 22422 and Bearish below 22359. Please note that these levels are plotted in the Nifty Futures chart. To know how to use the key level system, please check this post.
That’s all for today.