Dalal Street Breakfast: 18 May 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 are trading slightly higher at 🟢 +0.14%.
Europe ended in red.
Asian Markets are closed.
GIFT Nifty closed at 22551 indicating a positive opening for Nifty.
Key Stock Updates
New Orders & Projects:
BEML wins INR 250 crore dump truck contract from Northern Coal Fields.
Giriraj secures INR 47.97 crore contract from Western Railways.
Marine Electricals receives a USD 39.99 Mn order from GE Energy UK.
Partnerships, Acquisitions & Investments:
State Bank of India acquires a 6.125% stake in CCIL IFSC Limited.
Bank of Baroda acquires a 6.125% stake in CCIL IFSC Limited.
JSW Steel acquires 92.19% of Minas de Revuboe Limitada, Mozambique.
Zydus partners with MSN for Cabozantinib Tablets in US market.
Business Operations:
Delhivery Ltd. establishes Delhivery Robotics India Pvt. Ltd. as a subsidiary.
TVS Motor Company launches TVS Apache RTR 160 Black Edition.
Glenmark Pharmaceuticals receives FDA approval for Ophthalmic Solution.
Management Change:
Delhivery's Executive Director & Chief Business Officer, Mr. Sandeep Barasia, resigns.
Wipro appoints Sanjeev Jain as COO, succeeding Amit Choudhary.
Today’s Results Announcements
Jyoti CNC Automation
Data Patterns (India)
Anupam Rasayan India
Gujarat Ambuja Exports
ASK Automotive
Dodla Dairy
Jain Irrigation Systems
Gujarat Industries Power Co.
IFGL Refractories
Chemcon Speciality Chemicals
IRIS Business Services
Today’s IPOs
Open for Bidding:
Listing:
None
Today’s Economic Calendar
No events
Nifty Futures - Key Levels
Bullish above 22545 and Bearish below 22468. 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.
Thanks a lot
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