Dalal Street Breakfast: 11 June 2024
Dalal Street Breakfast: 11 June 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. US Futures are now in red.
Europe ends in red.
Asia opens mixed. Japan Higher.
GIFT Nifty is trading at 23235 indicating a flat start for Nifty.
Key Stock Updates
New Orders & Projects:
Raymond Realty secures Bandra redevelopment project, estimated INR 2000 crore revenue.
Ahluwalia Contracts secures domestic project worth INR 482.78 crore from Birla Arnaa LLP.
AXISCADES delivers ₹100 Cr Counter Drone Systems to Indian Army.
Partnerships, Acquisitions & Investments:
Havells partners with Jumbo Group to introduce kitchen appliances in the UAE.
MICL Group acquires prestigious redevelopment project in Mumbai's BKC.
Pavna Industries acquires 4335 sq. meters land parcel in Pantnagar.
Suprajit to acquire Stahlschmidt Cable Systems (SCS) from insolvency in Germany.
Business Operations:
Landmark Cars plans cost optimization by co-locating select outlets.
RR Kabel launches Firex LS0H-EBXL, enhancing safety in electrical wiring.
SIAM Cement BigBloc Construction launches India operations in Gujarat.
Key Deals:
MphasiS Limited: Morgan Stanley Asia Singapore Pte buys ₹525.89Cr
MphasiS Limited: Kotak India Midcap Fund buys ₹371.32Cr
MphasiS Limited: Kotak Emerging Equity Scheme buys ₹750Cr
MphasiS Limited: Societe Generale buys ₹250.83Cr
Kiri Industries Limited: Wisdom Tree India Investment Portfolio Inc. buys ₹13.79Cr
Cigniti Technologies Ltd: Old Bridge Capital Management Private Limited sells ₹26.71Cr
Cigniti Technologies Ltd: Rajasthan Global Securities Pvt Ltd buys ₹25.05Cr
Today’s Results Announcements
Go Digit General Insurance
Today’s IPOs
Open for Bidding:
Listing:
None
Today’s Economic Calendar
No events
Nifty Futures - Key Levels
Bullish above 23300 and Bearish below 23229. 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.