Dalal Street Breakfast: 28 August 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market ended flat. US Futures in red.
Europe ended mixed. Asia opens in red.
GIFT Nifty is trading at 25000 indicating a flat opening for Nifty.
Key Stock Updates
New Orders & Projects:
DEE Development Engineers received a INR 26.58 crore contract.
RailTel secured INR 70.93 crore contract for communication infrastructure of ER.
Partnerships, Acquisitions & Investments:
Wipro partners with Dell, NVIDIA to enhance its AI platform capabilities for enterprises.
JioFin increased its stake in Jio Payments Bank to 82.17% with a INR 68 crore investment.
Datamatics partners with Microsoft to create AI solutions with Copilots.
Business Operations:
Infibeam Avenues' Phronetic.AI introduces a women's safety feature in AI-powered CCTV manager.
Suven Life Sciences received FDA approval for a potential treatment for dementia.
Airtel partners with Apple to offer Apple TV+ and Apple Music.
TCS launches Pace Studio in Manila to drive digital innovation in Asia-Pacific.
Today’s Corporate Calendar
Today’s IPOs
Open for Bidding:
Listing:
Key Deals
Recent Insider Activity
Nifty Futures - Key Levels
Bullish above 25038 and Bearish below 25000. 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.
Today’s Economic Calendar
No events
That’s all for today.
Disclaimer: Anand Ganapathy K is a SEBI-registered Research Analyst with SEBI registration number INH000016630. This daily 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.