Dalal Street Breakfast: 29 April 2024
Dalal Street Breakfast: 29 April 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market ended higher on Friday. Dow 🟢 +0.4%, S&P500 🟢 +1.02%, NASDAQ +2.03%.
US Futures is now trading higher at 🟢 +0.3%.
Europe ended higher: London FTSE 🟢 0.75%, Paris CAC 🟢 0.89% , Frankfurt DAX 🟢 1.36%
Asian Markets are trading marginally lower. Japan Market Holiday. China Shanghai 🔴 -0.16%
Commodities: Gold 🔴 -0.41% , Crude Oil 🔴 -1.03%
GIFT Nifty is trading higher above the open at 22650 indicating a positive start for Nifty.
Note: All these numbers were updated around 7:30 AM.
Key Stock Updates
New Orders & Projects:
IRCON-DRA JV awarded contract for Kottavalasa-Koraput Doubling Project.
RITES signs MoU with Ultratech Cement for rail infra projects.
Partnerships, Acquisitions & Investments:
Samvardhana Motherson International Limited acquired majority stake in IRILLIC.
CIE India subsidiary invests 27.89% stake in Ojaha Renewables.
Cipla Health acquires Ivia Beaute's cosmetic & personal care business.
Tata Steel invests £1.25 billion in Port Talbot, UK. Major transformation.
Business Operations:
IREDA granted 'Navratna' status by Department of Public Enterprises.
TVS iQube showcases advanced EV tech, premium features, zero emissions.
Zydus Lifesciences gains USFDA approval for Tretinoin Cream USP, 0.1%.
Tata Communications recognized as Leader in Gartner Magic Quadrant for 11th consecutive year.
Corporate Actions & Fund Raising:
Today’s Results Announcements
KPIT Technologies
Poonawalla Fincorp
Gillette India
PNB Housing Finance
Birlasoft
KFin Technologies
Can Fin Homes
eMudhra
Jana Small Finance Bank
Fedbank Financial Services
Nifty Futures - Key Levels
Bullish above 22597 and Bearish below 22531. 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.