Dalal Street Breakfast: 4 September 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
Overnight, the U.S. stock market experienced a significant decline, marking its largest drop since early August. Nvidia tanked 9.5%, contributing significantly to the Nasdaq's decline. US Futures trading further down.
Europe closed in red. Asia opens in red. Japan down by 3%.
GIFT Nifty is trading at 25176 indicating a gap-down opening for Nifty.
Nifty Key Levels: Bullish above 25365 and Bearish below 25327. 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:
Partnerships, Acquisitions & Investments:
UPL's step-down subsidiary acquires Advanta Thailand for seed business expansion.
G R Infraprojects acquires Tumkur-II REZ Power Transmission, making it a wholly owned subsidiary.
TCS Partners with Google Cloud to Launch AI-powered Cybersecurity solutions.
Globalbees Brands, a subsidiary of Firstcry invests INR 105.15 crore in Frootle.
Business Operations:
Ashiana converted 168 out of 280 units in Gurugram project, generating INR 403.49 crore.
Marico expands its millets offering with the introduction of Saffola Masala Millets.
Today’s Corporate Calendar
Today’s IPOs
Open for Bidding:
Listing:
Key Deals
Recent Insider Activity
Today’s Economic Calendar
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.