Dalal Street Breakfast: 22 May 2024
Dalal Street Breakfast: 22 May 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market ends in green. US Futures are in green.
Europe ended in red.
Asia opens lower.
GIFT Nifty is trading around 22630 indicating a flat opening for Nifty.
Key Stock Updates
New Orders & Projects:
H.G. Infra wins two Maharashtra expressway projects worth INR 4,142 crore.
Felix Industries is awarded an order for 550 KLD RO Package by Aarti Industries.
Oriana Power receives an order for solar power plant of 70 MWp.
PNC Infratech wins two Maharashtra expressway projects worth INR 4,994 crore.
Partnerships, Acquisitions & Investments:
Transindia Real Estate acquires 100% stake in 4 logistics company to grow in the warehousing space.
Nel ASA has entered a technology licensing agreement with Reliance.
VST Tillers Tractors and Axis Bank to offer Financial Solutions to Farmers.
EaseMyTrip signs LOI to join ONDC Network at the ONDC Startup Mahotsav.
BFIL to produce 72,000 tons of forged products aided by acquisitions.
Business Operations:
ROHL to open the first luxury 5-Star Resort near Statue of Unity, Gujarat.
Indoco Remedies receives final ANDA approval from USFDA for Pregabalin capsules.
TVS Motor Company launches TVS iQube electric scooter in Sri Lanka.
Key Deals:
Aptus Value Hsg Fin I Ltd: Westbridge Crossover Fund LLC sells ₹728.7Cr; SBI Mutual Fund buys ₹536.04Cr; JIH II LLC sells ₹299.24Cr; East Bridge Capital Master Fund I Ltd buys ₹126.95Cr
GRP Limited: Anil Kumar Goel sells ₹8.27Cr
Tracxn Technologies Ltd: India Nerds sells ₹7.86Cr
Today’s Results Announcements
Avanti Feeds
Ashoka Buildcon
BCL Industries
Alphalogic Techsys
Capital India Finance
Advani Hotels and Resorts (India)
Birla Precision Technologies
Today’s IPOs
Open for Bidding:
Listing:
Today’s Economic Calendar
No events
Nifty Futures - Key Levels
Bullish above 22632 and Bearish below 22594. 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.