Dalal Street Breakfast: 3 October 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market closed flat yesterday. US Futures are trading lower.
Europe closed mixed. Asia opens mixed.
GIFT Nifty is trading at 25700 indicating a lower opening for Nifty.
Nifty Key Levels: Bearish below 25950 and Bullish above 26020.
Please note that these levels are plotted in the Nifty Futures chart. Check this video on how to use the Key Levels.
Key Stock Updates
New Orders & Projects:
NCC Limited received orders worth INR 2,327 crore in September 2024.
GE Power India secures INR 240 crore order for 100MW hydro project in Nepal.
GE Power India receives INR 20.9 crore order from MP Power for boiler parts.
Lloyds Engineering secures INR 59 crore orders for Eco-pickling, marine arms.
RITES wins USD 4.28 mn contract for locomotive supply in Africa.
Pelatro wins USD 3.2 mn contract for customer engagement solutions in Southeast Asia.
Effwa Infra & Research Ltd secures USD 1.5 mn export order in Tanzania.
Ashoka Buildcon awarded INR 474.10 crore EPC contract from MMRDA.
Partnerships, Acquisitions & Investments:
IIT Bombay collaborates with ABB India to establish advanced lab.
Greaves partners with Shriram Finance to enhance three-wheeler accessibility.
Zuari Industries acquires 50% stake in Forte Furniture Products.
Allcargo acquires 7.60% of Haryana Orbital Rail Corporation shares.
Craftsman Automation acquires Fronberg Guss GmbH assets and subsidiary.
Thermax invests in Singapore subsidiary for Thailand operations expansion.
Mankind Pharma receives regulatory approvals for 100% acquisition of Bharat Serums.
Business Operations:
Sun Pharma enters global agreement with Philogen for Fibromun commercialization.
Rathi Steel invests INR 50 crores for forward integration project.
Birla Trimaya Phase II achieves INR 600 crore bookings in 24 hours.
Aurobindo Pharma receives USFDA approval for Cephalexin Tablets.
Shreyas Shipping rebrands to Transworld Shipping Lines for global identity.
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.