Dalal Street Breakfast: 6 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.
Europe ends in green.
Asia opens higher.
GIFT Nifty is trading at 22678 indicating a flat opening for Nifty.
Key Stock Updates
New Orders & Projects:
BHEL scores INR 3500 crore order to build a 1600 MW thermal power plant for Adani Power.
KEC International secures new orders worth INR 1,002 crore in civil business.
KPI Green’s subsidiary receives orders for 26.15 MW solar power plant.
Rail Vikas Nigam gets order for Sitarampur bypass line construction, valued at INR 391 crore.
Garden Reach Shipbuilders signs contract for dredger with Bangladesh.
Partnerships, Acquisitions & Investments:
Absolute Sports acquired SoapCentral.com, a US entertainment website, for USD 1.4 mn.
Uno Minda partners with lnovance Automotive to strengthen e-4W product portfolio.
Transport Corporation sees stake increase by Bhoruka Supply Chain.
Birla Estates to develop luxury housing project in Gurugram.
Lupin completes acquisition of European and Canadian brands.
Business Operations:
ISRO Chairman inaugurates HAL facilities to support LVM3 program.
Intellect launches codeless banking platform for personalized customer engagement.
Titagarh Rail opens new engineering center in Bangalore for innovation.
Tata Motors to incorporate a wholly-owned subsidiary named TML Commercial Vehicles Limited.
Today’s Results Announcements
Rashtriya Chemicals and Fertilisers
Arshiya
Mac Hotels
Today’s IPOs
Open for Bidding:
Listing:
Today’s Economic Calendar
No events
Nifty Futures - Key Levels
Bullish above 22714 and Bearish below 22579. 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.