Dalal Street Breakfast: 1 October 2024
Dalal Street Breakfast: 1 October 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market closed in green amidst extreme volatility. Even the VIX was volatile. That indicates a high degree of uncertainty.
US Futures are now trading in green.
Europe closed in red. Asia opens in green.
GIFT Nifty is trading at 26000 indicating a flat opening for Nifty.
Nifty Key Levels: Bullish above 26021 and Bearish below 25952.
Please note that these levels are plotted in the Nifty Futures chart. Check this video on how to use the Key Levels.
Key Stock Updates
New Orders & Projects:
Paras Defence secures INR 293 crore order for EO systems manufacturing.
NBCC received a work order worth INR 101 crore as Project Management Consultant for NHAI.
Solex Energy received a INR 51.96 crore work order from Zodiac Energy.
ANI Integrated received a INR 36.25 crore order from L&T Hydrocarbon.
GP Eco Solutions secured INR 10.50 crore orders for 1.3 MW Battery Energy Systems.
Marine Electricals received a INR 8.58 crore order for LT & MV panels.
NTPC Green Energy signs MoU for 25 GW renewable projects in Rajasthan.
Partnerships, Acquisitions & Investments:
Dr. Reddy's completes acquisition of Nicotinell brand for GBP 458 mn.
Interarch acquires land in Gujarat for new manufacturing facility.
Persistent Systems acquires Arrka Infosec for data privacy expertise.
Adani Power acquires Dahanu Thermal Plant for INR 815 crore.
Krsnaa Diagnostics partners with Medikabazaar and United Imaging to invest INR 300+ crore.
Omaxe acquires four real estate companies for business expansion.
UltraTech increases stake in renewable energy firm for green energy.
Business Operations:
R Systems launches Chaos Engineering model for improved business continuity.
Cummins India launches Retrofit Aftertreatment System for cleaner emissions.
Airtel prepays INR 8,465 crore for spectrum liabilities from 2016.
Great Eastern Shipping delivers "Jag Pranav" tanker; fleet remains 42.
Tilaknagar Industries launches Mansion House Gold Barrel Whisky in Assam.
Jindal Stainless collaborates with CJ Darcl for sustainable steel containers.
SBI Card partners with Singapore Airlines for exclusive co-branded credit card.
Zen Technologies receives patent for advanced infantry training simulation system.
Max Estates' Estate 360 achieves INR 4,100 crore pre-sales in month.
Gulf Oil International sells shares to enhance liquidity and free float.
Today’s Corporate Calendar
Today’s IPOs
Open for Bidding:
Listing:
No events.
Key Deals
Recent Insider Activity
Today’s Economic Calendar
That’s all for today. All the charts and data points are taken from Finvezto Toolkit. Try Finvezto Toolkit for 7 Days here.
Disclaimer: Anand Ganapathy K is a SEBI-registered Research Analyst with SEBI registration number INH000016630. This weekly update highlights market trends and upcoming events for your awareness. It does not recommend buying or selling stocks mentioned in this newsletter. Securities market investments carry market risks. Kindly review all related documents before investing.