Dalal Street Breakfast: 7 June 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market ended flat. US Futures trading flat.
Europe closed in green.
Asia opens mixed.
GIFT Nifty is trading around 22920 indicating a flat opening for Nifty.
Key Stock Updates
New Orders & Projects:
Partnerships, Acquisitions & Investments:
Hero MotoCorp to buy more shares in Ather Energy, worth INR 124 crore.
Sun Pharma to acquire 9.6% of HaystackAnalytics Private Limited.
Jubilant Pharma completes acquisition of stake in O2 Renewable Energy XVI.
Mastek partners with NVIDIA to enhance customer experience across sectors.
Valor Estate completes acquisition of 34% equity in Shiva Realtors Suburban.
Muthoot Microfin partners with SBI to empower rural women entrepreneurs.
Mphasis earns Specialized Pega Partner Distinction in Americas for Insurance.
Yoma Bank partners with Integro Technologies to enhance SME lending in Myanmar.
Business Operations:
TVS Srichakra launches steel belted agro industrial radial tyres in Germany.
Persistent Systems launches GenAI Hub for enterprise AI adoption.
Orchid Pharma gains DCGI approval for Enmetazobactam-Cefepime combination injection.
Today’s Results Announcements
PTC India
India Steel Works
Today’s IPOs
Open for Bidding:
Listing:
Today’s Economic Calendar
10:00 RBI Interest Rate Decision
17:00 Foreign Exchange Reserves YoY May Data
Nifty Futures - Key Levels
Bullish above 22930 and Bearish below 22855. 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.