Dalal Street Breakfast: 8 August 2024

Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM

Today’s Markets

The US Cash market closed down by 0.77%. US Futures are trading flat.

Europe closed in green. Asia opens in red.

GIFT Nifty is trading at 24200 indicating a negative opening for Nifty.

---

Today’s Corporate Calendar

---

Key Stock Updates

New Orders & Projects:

• MTAR Technologies Secures Export Orders Worth USD 16.73 mn.

• TVS Supply Chain Solutions wins multi-year contract with JCB.

• Servotech secures order for 1.2 MW solar energy storage and grid systems.

Partnerships, Acquisitions & Investments:

• Control Print Increases stake in Markprint B.V. to 85%.

• Phoenix Mills acquires land in Coimbatore for premium retail development.

• Phoenix Mills’ subsidiary, Astrea acquires 100% equity in six private limited companies.

• Altair and L&T launch Digital Twin Center for global innovation.

• NCLT approves Tata Steel and Indian Steel & Wire Products merger.

Business Operations:

• Rain Carbon Inc. establishes RAIN Innovation Center for energy storage materials.

• Hero MotoCorp opens first 'Premia' store in New Delhi.

Management Changes:

• Coromandel International elevates Mr S Sankarasubramanian as MD & CEO.

---

Today’s IPOs

Open for Bidding:

Listing:

---

Key Deals

---

Recent Insider Activity

---

Nifty Futures - Key Levels

Bullish above 24400 and Bearish below 24343. 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.