Dalal Street Breakfast: 23 April 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
The US Cash market ends in green. Dow 🟢 +0.67%, S&P500 🟢 +0.87%, NASDAQ 🟢 +1.11%.
US Futures are now trading slightly lower at 🔴 -0.06%
Europe ends in green: London FTSE 🟢 1.62%%, Paris CAC 🟢 0.22% , Frankfurt DAX 🟢 0.7%
Asian Markets in red: Japan Nikkei 🔴 -0.01% , China Shanghai 🔴 -0.6%
Commodities: Gold 🔴 -1.04% , Crude Oil 🔴 -0.14%
GIFT Nifty closed around 22458 yesterday. But it has opened lower and is now trading at 22380 levels. It indicates a neutral start for Nifty.
Key Stock Updates
New Orders & Projects:
Intellect Design Arena: Jordan Kuwait Bank adopts iGTB Intellect platform.
Vikas Lifecare Limited wins an order of ₹50 crores (Agro Products)
Partnerships, Acquisitions & Investments:
Business Operations:
IndusInd Bank announces successful execution of RBI’s programmable CBDC pilot, first in India.
GSPL shares in a 20% lower circuit after PNGRB nearly halves HP Pipeline tariff.
Management Changes:
Hero MotoCorp: Dr. Arun Jaura resigns, Vikram Kasbekar appointed as CTO.
Karnataka Bank appoints Mr. Padmanaban T. A. as Head-Digital Banking Project.
Arvind SmartSpaces Limited's CFO, Mr. Ankit Jain, resigned effective April 22, 2024.
Key Deals:
Indraprastha Med Corp: Quant Small Cap Fund buys ₹13.73Cr
Today’s Results Announcements
TATA Consumer Products - After Market Hours
ICICI Prudential Life Insurance Company
Tata Elxsi
MCX
Cyient DLM
Huhtamaki India
NELCO
Today’s IPOs
Open for Bidding:
Listing:
Today’s Economic Calendar
10:30 HSBC Manufacturing PMI Flash (Apr)
10:30 HSBC Services PMI Flash (Apr)
10:30 HSBC Composite PMI Flash (Apr)
Nifty Futures - Key Levels
Bullish above 22393 and Bearish below 22316. 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.