Dalal Street Breakfast: 5 June 2024
Dalal Street Breakfast: 5 June 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market ends in green. US Futures in green.
Europe ended in red.
Asia opens mixed.
GIFT Nifty is trading at 22064 below the open indicating a flat start for Nifty.
Key Stock Updates
Partnerships, Acquisitions & Investments:
Texmaco Rail and Engineering acquires 51% stake in Saira Asia Interiors.
Vakrangee Limited acquires 48.5% stake in Vortex Engineering.
LTIMindtree and SAP partner to offer digital solutions for complex manufacturing.
Gateway Distriparks increased their holding in Snowman Logistics to 45.55%.
CONCOR and SCI signed an MoU for seamless logistics solutions.
Jindal Stainless acquired 100% stake in Evergreat International Investment.
Mphasis and Classiq partner to develop quantum solutions for enterprises.
Business Operations:
Wipro launches an AI-assisted security and risk platform, powered by Zscaler.
Sun Pharma and Philogen submit marketing authorization application for Nidlegy™ in Europe.
Management Changes:
Today’s Results Announcements
Toyam Sports
Mcnally Bharat Engineering
Sandu Pharmaceuticals
Naturo Indiabull
Today’s IPOs
Open for Bidding:
Listing:
Today’s Economic Calendar
10:30 HSBC Services PMI Final May Data
10:30 HSBC Composite PMI Final May Data
Nifty Futures - Key Levels
Bullish above 22017 and Bearish below 21746. 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.