Dalal Street Breakfast: 9 July 2024
Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM
Today’s Markets
US Cash market ends mixed.
US Futures trading in green now.
Europe closed in red.
Asia opens mixed.
GIFT Nifty is trading at 24370 indicating a flat opening for Nifty.
Key Stock Updates
New Orders & Projects:
L&T secures mega orders for 3.5 GW solar plants in Middle East.
MAN Industries secures INR 1,850 crore offshore line pipe order.
Diamond Power Infrastructure receives INR 409 crore order from Adani Green Energy.
Marine Electricals secures INR 50 crore order from DC Development.
GE Power India Limited receives order from NTPC Limited for INR 18.71M.
Partnerships, Acquisitions & Investments:
Dixon Technologies acquires 6.5% stake in Aditya Infotech Limited.
Apollo acquires shares in AHLL to support operations and expansion.
Business Operations:
HFCL establishes a UK subsidiary to expand global telecom product operations.
Bandhan Bank launches enhanced trade products to facilitate global transactions.
EaseMyTrip opens first franchise store in Ahmedabad, Gujarat.
Thomas Cook India sees 25% rise in demand for monsoon travel.
Management Changes:
AYM Syntex Limited announces CFO resignation and new appointment.
Datamatics CFO Sandeep Mantri resigns, effective August 09, 2024.
Garware Hi-Tech Films CFO Pradeep Mehta resigns, effective July 5, 2024.
Lumax Industries CEO Vishnu Johri resigns effective June 30, 2024.
Today’s Results Announcements
Delta Corp
GM Breweries
RS Software (India)
Today’s IPOs
Open for Bidding:
Listing:
None
Today’s Economic Calendar
No events
Nifty Futures - Key Levels
Bullish above 24398 and Bearish below 24347. 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.