Dalal Street Breakfast: 22 August 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market closed in green. US Futures trading flat.
The latest FED minutes signal a possible rate cut in September. US Markets have cheered this.
Most Global Markets closed in green.
Asia opens in green.
GIFT Nifty is trading at 24880 indicating a positive opening for Nifty.
Key Stock Updates
New Orders & Projects:
Vishnusurya Projects awarded INR 123 crore EPC contract for Palamu Pipeline.
Gensol bags INR 40 crore repeat order for rooftop solar project.
Partnerships, Acquisitions & Investments:
Optiemus partners with Tejas Networks to boost telecom equipment manufacturing.
Thales and LTTS collaborate to enhance software monetization for customers.
BEML and SMH Rail partner to meet Global Rail & Metro demand.
Hindustan Zinc and JNCASR team up for advanced zinc batteries.
Business Operations:
Paytm sells entertainment ticketing business to Zomato for INR 2,048 crore.
Awfis expands in Bengaluru, unveils 66,846 sq. ft. of premium workspace.
Today’s Corporate Calendar
Today’s IPOs
Open for Bidding:
Listing:
None
Key Deals
Recent Insider Activity
Nifty Futures - Key Levels
Bullish above 24808 and Bearish below 24736. 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
No events
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.