Dalal Street Breakfast: 12 June 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market ends mixed - Nasdaq Up; Dow Down.
US Futures are trading flat now.
Europe closed in red.
Asia opens lower.
GIFT Nifty is trading around 23300 indicating a flat opening for Nifty.
Key Stock Updates
New Orders & Projects:
Sattva Homes and DLF City Centre awarded construction contracts to BL Kashyap worth INR 1021 crore.
RailTel secures INR 11.24 crore order from Ministry of Defence.
Suzlon secures 103.95 MW order from AMPIN Energy Transition, Rajasthan.
TVS Supply Chain Solutions secures 5-year deal with Daimler Truck AG.
Tata Technologies accelerates Mitsubishi Electric India’s digital transformation journey.
Partnerships, Acquisitions & Investments:
Adani Defence & Aerospace and EDGE Group ink landmark collaboration deal.
Persistent Systems partners with Google Cloud for innovative global solutions.
LTTS and IIT Hyderabad partner for ADAS and C2VX advancement.
Camlin Fine Sciences' subsidiary acquired Vitafor Invest NV and subsidiaries.
Business Operations:
Cairn Oil & Gas launches India's largest ASP injection project.
Wipro launches Lab45 AI Platform, enhancing efficiencies across business functions.
TCS opens new IoT lab in Ohio to speed up client innovation.
Today’s Results Announcements
None
Today’s IPOs
Open for Bidding:
Listing:
Today’s Economic Calendar
17:30 Industrial Production April Data
17:30 Manufacturing Production April Data
17:30 CPI Inflation Rate May Data
Nifty Futures - Key Levels
Bullish above 23331 and Bearish below 23286. 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.