Dalal Street Breakfast: 4 June 2024
Dalal Street Breakfast: 4 June 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market ends mixed. US Futures flat.
Europe ended flat.
Asia opens mixed.
GIFT Nifty is trading around 23500 indicating a flat opening for Nifty.
Key Stock Updates
New Orders & Projects:
SWPE receives LOI from Vedanta FACOR for exploration activities in Odisha.
RVNL secures Ankai-Karanjgaon track doubling project with South Central Railway.
Urban Enviro Waste Management Limited secures J&K sanitation project.
Konstelec Engineers reports INR 614 crore order book from marquee clients.
ARSS Infra receives INR 10.03 crore work order from ABCI-SCPL-SIPS JV.
Partnerships, Acquisitions & Investments:
Kalyan Jewellers India acquires 15% residual stake in Enovate Lifestyles.
Omaxe Limited acquires 14.27% stake in Inditrade Capital Limited.
Vakrangee acquires 18.5% stake in Vortex for ATM integration.
Business Operations:
Sansera Engineering's associate, MMRFIC Technology, expands into semiconductor packaging.
Aurigene Pharmaceutical Services opens biologics facility in Hyderabad.
Cupid Limited broadens distribution network for rapid IVD kits.
Cairn Oil & Gas accelerating efforts to become Net Zero by 2030.
Shriram Finance raises USD 468 mn social loan, largest syndicated transaction.
JTL Industries completes Phase-I expansion at Nabha Steels, Punjab subsidiary.
Management Changes:
Today’s Results Announcements
NACL Industries
Machino Plastics
Today’s IPOs
Open for Bidding:
Listing:
None
Today’s Economic Calendar
General Elections Results
Nifty Futures - Key Levels
Bullish above 23449 and Bearish below 23399. 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.