Dalal Street Breakfast: 14 June 2024
Dalal Street Breakfast: 14 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. US Futures trading flat now.
Europe closed in red.
Asia opens flat.
GIFT Nifty is trading at 23420 indicating a flat opening for Nifty.
Key Stock Updates
New Orders & Projects:
GPT Infraprojects wins Rs 26 crore contract from Transnet Freight Rail.
V-Marc India Limited receives Rs 14.35 crore purchase order from DHBVN.
Green Motion International selects RateGain as its revenue management partner.
Partnerships, Acquisitions & Investments:
Ambuja Cements acquires 100% stake in Penna Cement Industries.
Suven Pharmaceuticals acquires Sapala Organics, expanding CDMO capabilities in oligo drugs.
Wipro collaborates with Hewlett Packard Enterprise for GenAI solution.
Kotak Life teams with Mahindra Finance, broadening life insurance offerings.
Samsung collaborates with Paytm, offering travel & entertainment on Samsung Wallet.
Business Operations:
CAMS launches Bima Central, India's first Insurance portfolio management platform.
Subex showcases telecom AI solutions at DTW for industry transformation.
Aurionpro Payment Solutions gains RBI's online payment aggregator License.
Management Changes:
Today’s Results Announcements
Mandeep Auto Industries Ltd
Today’s IPOs
Open for Bidding:
United Cotfab (COTFAB)
Listing:
None
Today’s Economic Calendar
12:00 WPI Inflation YoY May Data
15:30 Imports & Exports May Data
17:00 Foreign Exchange Reserves Data
Nifty Futures - Key Levels
Bullish above 23434 and Bearish below 23372. 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.