Dalal Street Breakfast: 20 June 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market was closed yesterday due to a holiday.
US Futures are trading mixed.
Europe ended mixed.
Asia opens flat.
GIFT Nifty is trading at 23520 indicating a flat opening.
Key Stock Updates
New Orders & Projects:
Gensol Engineering expands BESS project revenue to INR 3100 crore.
Eimco Elecon secures INR 33.11 crore order for coal mining equipment.
Kavveri Telecom secures INR 10. 9 crore order for RF products, antennas in India.
Blue Pebble Limited receives INR 9.57 crore order from 3M India.
Solex Energy receives INR 9.44 crore work order for Bihar solar project.
Partnerships, Acquisitions & Investments:
Yatra Online Ltd. acquires 49% stake in Adventure and Nature Network.
Axis Bank increases Max Life stake to 19.99% for INR 336 crore.
Restaurant Brands Asia invests INR 19.5 crore in PT Sari Burger Indonesia.
IndianOil forms joint venture with GPS Renewables for sustainable energy.
ABB India and Witt India collaborate on advanced tunnel ventilation solutions.
Hubject and Exicom form strategic partnership for India’s EV market growth.
Bharti Airtel acquired 1% equity stake in Indus Towers today.
JLR and Chery Automobile announce new EV collaboration in China.
Business Operations:
Brigade Group to develop third WTC Tower at Infopark Kochi, Rs 150 crore project.
Coal India awards 23 mines to private operators for coal extraction.
Datamatics secures patent for AI-powered Intelligent Document Processing Software.
Management Changes:
Today’s Results Announcements
Parsvnath Developers
Today’s IPOs
Open for Bidding:
Listing:
None
Today’s Economic Calendar
No events
Nifty Futures - Key Levels
Bullish above 23510 and Bearish below 23433. 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.