Dalal Street Breakfast: 5 August 2024
Dalal Street Breakfast: 5 August 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market was down by 1.84%. US Futures down another 1.4%.
Europe closed in red. Asia opens in red. Japan is down another 5%.
GIFT Nifty is trading at 24340 indicating a gap-down opening for Nifty.
Today’s Corporate Calendar
Key Stock Updates
New Orders & Projects:
Shakti Pumps gets INR 558.16 crore order from Uttar Pradesh government.
Frog Cellsat receives a INR 31 crore order for 4G and 5G coverage at Mumbai Airport.
RITES secures a INR 25.80 crore order from Gujarat State Electricity Corporation.
Sahaj Solar Ltd. wins a INR 16.03 crore order from Dakshin Gujarat Vij Co. Ltd.
Slone Infosystems secures INR 11.80 crore order for 4,000 laptops in Mumbai.
DEE Development Engineers secures INR 2.24 crore order from Bharat Heavy Electricals.
Partnerships, Acquisitions & Investments:
Hero MotoCorp partners with FIH to promote global hockey development.
Bansal Wire Industries acquired 23.85% stake in M/s Bansal Steel & Power Limited.
Business Operations:
Ambuja Cements invests INR 1600 crore in Bihar cement grinding unit.
Infibeam launches Phronetic.AI for AI-driven solutions and business growth.
Airtel expands Haryana Wi-Fi, offers OTT access and affordable plans.
Sterling unveils newly refurbished Karwar resort, offers enhanced wedding amenities.
Marksans Pharma’s UK subsidiary gets approval for Levonorgestrel tablets.
Club Mahindra launches six luxurious villas in North Goa for holidays.
Management Changes:
Today’s IPOs
Open for Bidding:
Listing:
Key Deals
Recent Insider Activity
Nifty Futures - Key Levels
Bullish above 24737 and Bearish below 24670. 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
That’s all for today.