Dalal Street Breakfast: 5 July 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
The US Stock Market was closed yesterday.
US Futures are trading flat.
Europe closes higher.
Asia opens mixed.
GIFT Nifty is trading at 24350 indicating a negative opening for Nifty.
Key Stock Updates
New Orders & Projects:
Mahindra Lifespaces chosen for Rs. 1800 crore redevelopment in Borivali West.
Ahluwalia Contracts secured INR 572 crore order from Airports Authority for Darbhanga Airport.
DCIL secures Rs 156.50 crore Cochin Port maintenance dredging contract.
Oriana Power received INR 151 crore order for a 25 MWp solar plant in Delhi.
Krsnaa Diagnostics received tender from BARC for Tele Reporting Services in Radiology.
NBCC received INR 36 crore order from NIT Patna for construction supervision.
RailTel received INR 23.96 crore order from Webel Technology.
Partnerships, Acquisitions & Investments:
Business Operations:
Optiemus launches drones for agriculture and mapping investing INR 140 crore.
Raymond demerges real estate business into new entity Raymond Realty Ltd.
Sterling Holidays leads destination weddings with 45 resorts in various locations.
Delhivery incorporates new robotics subsidiary, approved by MCA.
Star Health launches home healthcare services in 50 cities and towns.
Intellect launches AI-driven iGPX platform to revolutionize public procurement efficiency.
Management Changes:
Today’s Results Announcements
No events
Today’s IPOs
Open for Bidding:
Listing:
Today’s Economic Calendar
17:00 Foreign Exchange Reserves Data
Nifty Futures - Key Levels
Bullish above 24396 and Bearish below 24334. 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.