Dalal Street Breakfast: 12 September 2024
Dalal Street Breakfast: 12 September 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market witnessed one of the biggest intraday bullish reversals. US Futures are now trading flat.
Europe closed mixed. Asia opens in green.
GIFT Nifty is trading at 25080 indicating a flat to positive opening for Nifty.
Nifty Key Levels: Bullish above 24956 and Bearish below 24909. 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.
Key Stock Updates
New Orders & Projects:
BEL receives orders worth INR 850 crore from Cochin Shipyard.
Winsol Engineers received orders from Suzlon Global Services totaling INR 27.65 crore.
Vadivarhe received orders worth INR 5.91 crore for specialty chemicals.
Latteys Industries received a INR 3 crore order for solar pumps under Kusum Yojna.
Aurionpro wins contract for Panvel Safe City surveillance project.
Tata Steel signed GBP 500 mn agreement with UK Government for green steel project.
Partnerships, Acquisitions & Investments:
Mphasis partners with AgentSync to improve insurance compliance solutions.
Gravita India signs MOU to acquire a rubber recycling plant in Romania.
Lupin Limited signs agreement to acquire 42.61% in Sunsure Solarpark.
Reliance Retail and Delta Galil form strategic apparel partnership in India.
Persistent Systems acquires assets from SoHo Dragon for USD 4.7 mn.
Adani Ports & SEZ to develop multipurpose berth at Kandla Port.
Business Operations:
Brigade Group's BuzzWorks expands to Hyderabad with premium flexible workspaces.
Castrol India expands Auto Care range with Microfibre Cloth and Shiner Sponge.
Max Estates' Max House Phase 2 achieves 100% occupancy in under a year.
Airtel boosts network in Bihar and Jharkhand with new spectrum.
Today’s Corporate Calendar
Today’s IPOs
Open for Bidding:
Listing:
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.