Dalal Street Breakfast: 14 August 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market was up. Nasdaq up 2.4%. US Futures are trading flat.
Europe closed in green. Asia opens mixed — Japan up 1.08%.
GIFT Nifty is trading at 24200 indicating a flat opening for Nifty.
Today’s Corporate Calendar
Key Stock Updates
New Orders & Projects:
Vascon Engineers awarded INR 331.38 crore contract for Sindhudurg medical project.
GE Power secures INR 47.27 crore order for 600MW boiler R&M.
Inox Wind secures 51 MW order from Everrenew for Tamil Nadu.
Partnerships, Acquisitions & Investments:
Nykaa increases stake in Dot & Key to 90% for INR 265 crore.
Zaggle signs agreement with ONDC for prepaid payment instrument issuance.
Mukka Proteins acquires 74% of Ento Proteins for INR 7 crore.
eMudhra completed acquisition of Sendrcrypt Technologies Inc.
Business Operations:
Shalby partners with Monogram for clinical trials of robotic surgery.
Coal India simplifies coal supply rules, boosting supply to power plants.
Karnataka Bank launches UPI credit line with Navi, enhancing digital credit.
Management Changes:
Today’s IPOs
Open for Bidding:
Listing:
None
Key Deals
Nifty Futures - Key Levels
Bullish above 24198 and Bearish below 24123. 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
That’s all for today.
Disclaimer: Anand Ganapathy K is a SEBI-registered Research Analyst with SEBI registration number INH000016630. This 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.