Dalal Street Breakfast: 24 September 2024
Dalal Street Breakfast: 24 September 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 after huge volatility. US Futures in red now.
Europe closed in green. Asia opens in green.
GIFT Nifty is trading at 25981 indicating a flat opening for Nifty.
Nifty Key Levels: Bullish above 25955 and Bearish below 25903. 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.
Key Stock Updates
New Orders & Projects:
NBCC subsidiary HSCC awarded INR 1,261 crore AIIMS Darbhanga project.
PSP Projects received INR 554.92 crore orders from Gold Stone Hotel and Residential Towers.
Vinyas received INR 52.34 crore orders from domestic and international customers.
Sahaj Solar received a INR 19.99 crore order for solar water pumps.
MTAR Technologies received a INR 15.4 crore order from DRDL for combustors.
Surana Solar received a 54 MW solar project under Maharashtra’s solarization scheme.
Partnerships, Acquisitions & Investments:
Bank of Baroda launches co-branded debit card with EaseMyTrip.
DOMS Industries acquires majority stake in baby hygiene company Uniclan.
Firstsource acquires Ascensos to expand retail, nearshore, and multilingual capabilities.
JSW Infrastructure acquires New Dredger to support expansion plans.
Patanjali Foods invests INR 25 crore in wholly owned subsidiary Contemporary Agro.
Patanjali Foods invests INR 20 crore in wholly owned subsidiary Rishikrishi Farming.
Business Operations:
Samvardhana Motherson International raises INR 6,438 crores through QIP.
Inox Wind obtains ~ INR 2,200 crore credit facility from bank group.
Today’s Corporate Calendar
Today’s IPOs
Open for Bidding:
Listing:
Key Deals
Recent Insider Activity
Today’s Economic Calendar
No events
That’s all for today. All the charts and data points are taken from Finvezto Toolkit. Try Finvezto Toolkit for 7 Days here.
Disclaimer: Anand Ganapathy K is a SEBI-registered Research Analyst with SEBI registration number INH000016630. This weekly 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.