Dalal Street Breakfast: 24 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 red. US Futures are now trading in green.
Europe ended flat.
Asia opens in red.
GIFT Nifty is trading at 22967 indicating a flat to negative opening for Nifty.
Key Stock Updates
New Orders & Projects:
TRIL secured orders worth INR 359 crore from diverse entities.
Integra Essentia Limited secures order to supply 500 MT rice from ITC Group.
Partnerships, Acquisitions & Investments:
HCLTech acquires CSS assets from HPE, strengthens telecom engineering services.
Aarti Industries Ltd and UPL Limited form joint venture for chemicals.
Brigade Group signs Bengaluru residential project JDA worth INR 720 crore.
HGHL invests $24M in Whitehall for Raffles luxury hotel project.
Honasa acquires Cosmogenesis Cosmetics' assets valued at INR 4 crore.
Business Operations:
Expleo Solutions establishes Trivandrum branch, enhancing client service capabilities.
Wipro appoints Sarat Chand as Head of Northern Europe Region.
IndiGo launches tailor-made business product for premium travel experience.
Shakti Pumps secures 14th patent for motor technology innovation.
Key Deals:
Star Health: HDFC Mutual Fund buys ₹300.03Cr; ICICI Prudential Life Insurance Company Ltd. buys ₹625.95Cr; Plutus Wealth Management LLP buys ₹160.5Cr; East Bridge Capital Master Fund I Ltd buys ₹294.25Cr; ROC Star Investment Trust sells ₹316.09Cr; Mio Star sells ₹328.22Cr; Mio Iv Star sells ₹749.92Cr; Apis Growth 6 Ltd sells ₹816.31Cr;
Mayur Uniquoters Ltd: Unifi Capital Private Limited - Blended Rangoli sells ₹16.52Cr
Krystal Integrated Services: Black Hawk Properties Private Limited sells ₹5.33Cr
Intl Conveyors Limited: I G E (India) Private Limited buys ₹22.96Cr; Surbhit Dabriwala sells ₹22.96Cr
Grasim Industries Limited: Icici Prudential Asset Management Company Limited sells ₹14.58Cr
Coforge Limited: New World Fund Inc buys ₹163.65Cr
Today’s Results Announcements
Bosch
Ashok Leyland
Aegis Logistics
Affle India
Century Plyboards
Astra Microwave Products
Aditya Vision
Borosil
Bhagiradh Chemicals and Industries
63 Moons Technologies
Antony Waste Handling Cell
Best Agrolife
Bodal Chemicals
Today’s IPOs
Open for Bidding:
Listing:
Today’s Economic Calendar
17:00 India Foreign Exchange Reserves Data
Nifty Futures - Key Levels
Bullish above 23024 and Bearish below 22980. 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.