Dalal Street Breakfast: 18 October 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market closed mixed. US Futures flat.
Europe closed in green. Asia opens mixed.
GIFT Nifty is trading at 24740 indicating a negative opening for Nifty.
Nifty Key Levels (Futures): Bullish above 24871 and Bearish below 24816.
Please note that these levels are plotted in the Nifty Futures chart. Check this video on how to use the Key Levels.
Key Stock Updates
New Orders & Projects:
L&T wins significant contract to build NPK fertilizer plant for RCF.
Kay Cee Energy secured a INR 55.78 crore contract for maintaining 75 substations.
S J Logistics secured INR 42 crore in domestic logistics orders.
Intellect partners with UAE's NBF for eMACH.ai Cloud banking solution.
WCIL wins 3-year contract as sole logistics partner for Tata Steel Sponge Iron Joda.
Partnerships, Acquisitions & Investments:
Bharat Forge acquires AAM India for INR 544.53 crore to expand commercial vehicle business.
Saksoft Limited has completed the acquisition of Ceptes Software.
Business Operations:
Zydus receives approval from USFDA for Fludrocortisone Acetate tablets USP, 0.1 mg.
Adani Enterprises raises USD 500 mn for growth via equity issue.
Today’s Corporate Calendar
Today’s IPOs
Open for Bidding:
Listing:
None
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.