Dalal Street Breakfast: 13 August 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market ended mixed. US Futures are flat.
Europe ended mixed. Asia opens mixed. Japan up by 2.2%.
GIFT Nifty is trading at 24300 indicating a flat opening for Nifty.
Today’s Corporate Calendar
Key Stock Updates
New Orders & Projects:
NBCC receives Rs. 719.97 crore work order for projects in Hyderabad, Jhansi.
Kalahridhaan Trendz secures INR 115.5 crore order from Bangladesh's Beximcorp Textiles.
SBC Exports receives USD 5.36 mn export order from Dubai-based Gawgee Brothers.
Solex Energy secures INR 10.4 crore solar order from Torrent.
Partnerships, Acquisitions & Investments:
Oberoi Realty acquires Nirmal Lifestyle Realty for INR 273 crore.
JSW Steel to acquire 66.67% interest in M Res NSW for USD 120 mn.
Business Operations:
CRISIL ESG Ratings to form a new association for ESG providers.
Wipro integrates Google Cloud's Gemini AI to enhance cloud innovation.
Great Eastern Shipping has delivered the "Jag Pranam," updating fleet to 42 vessels.
TCS's OmniStore™ enables 100% in-store mobile checkout for Croma.
Management Changes:
Vakrangee Limited announces Vedant Nandwana as MD and Ammeet Sabarwal as CEO.
Hiral Chandrana resigned as Mastek CEO; Umang Nahata appointed Interim CEO.
Today’s IPOs
Open for Bidding:
Listing:
Key Deals
Recent Insider Activity
Nifty Futures - Key Levels
Bullish above 24414 and Bearish below 24313. 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.
Today’s Economic Calendar
No events
That’s all for today.
Disclaimer: Anand Ganapathy K is a SEBI-registered Research Analyst with SEBI registration number INH000016630. This daily 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.