Dalal Street Breakfast: 24 June 2024
Dalal Street Breakfast: 24 June 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Futures in red.
Asia opens mixed.
GIFT Nifty is trading at 23389 below the open indicating a negative opening for Nifty.
Key Stock Updates
New Orders & Projects:
Marine Electricals (India) Ltd. received INR 11.16 crore order from Princeton Digital Group.
GRSE secured contract to build four 7,500 DWT multi-purpose vessels internationally.
Slone Infosystems secures ₹7 Cr order for Robotics, Drone & AI.
TCS expands partnership with Xerox for cloud and GenAI transformation.
Partnerships, Acquisitions & Investments:
Sky Gold Ltd acquires 100% stake of Starmangalsutra and Sparkling Chains for INR 49.98 crore.
Suven Pharmaceuticals acquires 51% stake of Sapala Organics for INR 229.5 crore.
S.P. Apparels Ltd. finalized the acquisition of YBAPL for Rs. 167 crore.
Hindustan Zinc partners with AEsir Technologies for Zinc battery development.
Business Operations:
Sun Pharma licenses Vonoprazan from Takeda for India market expansion.
TVS Motor partners with CSC Grameen for 3-wheelers, enhancing rural accessibility.
Management Changes:
Today’s Results Announcements
No events
Today’s IPOs
Open for Bidding:
Listing:
Today’s Economic Calendar
No events
Nifty Futures - Key Levels
Bullish above 23542 and Bearish below 23417. 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.