{"id":33515,"date":"2023-09-01T08:50:05","date_gmt":"2023-09-01T03:20:05","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=33515"},"modified":"2023-09-01T08:54:08","modified_gmt":"2023-09-01T03:24:08","slug":"pre-market-report-dalal-street-may-open-lower-ril-torrent-pharma-jet-airways-in-radar","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/pre-market-report-dalal-street-may-open-lower-ril-torrent-pharma-jet-airways-in-radar\/","title":{"rendered":"Pre Market Report: Dalal Street may open lower; RIL, Torrent Pharma, Jet Airways in radar"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"33515\" class=\"elementor elementor-33515\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1cdbc0dc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1cdbc0dc\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-29327504\" data-id=\"29327504\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-161c2c04 elementor-widget elementor-widget-heading\" data-id=\"161c2c04\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Market Opening - An Overview<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-47dfb482 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"47dfb482\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-49843826\" data-id=\"49843826\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6460b252 elementor-widget elementor-widget-text-editor\" data-id=\"6460b252\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>GIFT Nifty on the NSE IX were trading 0.22% lower at 19,387, signalling that Dalal Street was headed for a lower opening on Friday.<\/p>\n<p>Most Asian shares were trading higher as investor optimism improved after Beijing extended support to its ailing economy through more stimulus. The Nikkei 225 index rose 0.62% and the Topix jumped 0.88%. The Hang Seng fell 0.55% and the CSI 300 index gained 0.68%.<\/p>\n<p>The Indian rupee fell by 4 paise to 82.78 against the US dollar on Thursday.<\/p>\n<p>India&#8217;s economy grew by 7.8% in the April-June quarter of current fiscal, compared to a growth of 6.1% in the previous January-March quarter of FY23, according to official data released by the National Statistical Office. Further, Chief Economic Advisor V Anantha Nageswaran on Thursday said that the country&#8217;s economy is expected to grow at 6.5% in the current fiscal. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4b82beb9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4b82beb9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fcf8ce5\" data-id=\"fcf8ce5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3c80571e elementor-widget elementor-widget-heading\" data-id=\"3c80571e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FII\/DII Trading Data<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2412ea9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2412ea9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a6e2be9\" data-id=\"a6e2be9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d66c3f3 elementor-widget elementor-widget-image\" data-id=\"d66c3f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/FII-MARKET-1-1024x1024.jpg\" class=\"attachment-large size-large wp-image-33518\" alt=\"\" srcset=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/FII-MARKET-1-1024x1024.jpg 1024w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/FII-MARKET-1-300x300.jpg 300w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/FII-MARKET-1-150x150.jpg 150w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/FII-MARKET-1-768x768.jpg 768w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/FII-MARKET-1-450x450.jpg 450w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/FII-MARKET-1-780x780.jpg 780w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/09\/FII-MARKET-1.jpg 1201w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-28e09325 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"28e09325\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-47da1571\" data-id=\"47da1571\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-35564772 elementor-widget elementor-widget-heading\" data-id=\"35564772\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Stocks in News Today\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-36d66b94 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"36d66b94\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-57394562\" data-id=\"57394562\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1718d28 elementor-widget elementor-widget-text-editor\" data-id=\"1718d28\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Reliance Industries (RIL):<\/strong> The company&#8217;s media arm Viacom 18 has bagged the BCCI TV and digital right for the domestic and international games to be played in India. The deal is for the next five years and its cumulative bid is Rs 5963 crore. Viacom 18 beat competitors Star India and Sony in an e-auction conducted by the BCCI. As per the new deal which has 88 international matches, Viacom18 is estimated to be paying INR 67.75 crore per game to the BCCI, which is 12.91% higher than the Rs 60 crore Disney Star had paid during the 2018-23 period.<\/p><p><strong>Torrent Pharmaceuticals<\/strong> and <strong>Cipla<\/strong>: Torrent Pharma may have submitted a non-binding bid to acquire the stake of promoters of pharma major Cipla, CNBC-TV18 reported citing sources. According to the news report, the company is also holding talks with three to four private equity companies and foreign institutions as it considers several funding options for the offer.<\/p><p><strong>Jet Airways<\/strong>: The Jalan Kalrock consortium, which was the successful bidders of Jet Airways, have paid Rs 100 crore as part of the process to take over the non-operational airline. The payment comes after the National Company Law Appellate Tribunal allowed it to make payment in tranches earlier this week. With this development, the consortium has so far invested Rs 250 crore in the airline.<\/p><p><strong>Jio Financial Services<\/strong>: The company shares will be removed from S&amp;P BSE indices before trading starts on September 1.<\/p><p><strong>Aditya Birla Fashion and Retail<\/strong>: The company said that it has completed the acquisition of a 29% stake in TCNS Clothing pursuant to the open offer. It also plans to raise Rs 750 crore on or after Sept. 4 through bonds on a private placement basis.<\/p><p><strong>Punjab National Bank<\/strong>: The public sector lender has raised its lending rates by 5 basis points across tenures and the revised lending rates will be effective from September 1.<\/p><p><strong>Nykaa<\/strong>: The company has invested Rs 3.97 crore in its international arm, FSN International, by acquiring 39.78 lakh shares of Rs 10 each on a rights basis for providing long-term funds.<\/p><p><strong>Sula Vineyards<\/strong>: Verlinvest Asia Pte has sold 12.6% stake in Sula Vineyards Ltd. for Rs 513.17 crore on Thursday. HDFC Mutual Fund bought 35.2 lakh shares, or a 4.2% stake. Other buyers include Morgan Stanley Asia (1.6%), Societe Generale (0.8%), and Ghisallo Master Fund (0.6%).<\/p><p><strong>LIC<\/strong>: Mini Ipe has ceased to be the MD, and Gajraj Singh Gill has ceased to be the Executive Director (Senior Business Associate) with effect from August 31 upon superannuation.<\/p><p><strong>CONCOR<\/strong>: The comapny said Sanjay Swarup will be appointed as Chairman and Managing Director with effect from October 1. Sanjay Swarup is currently Director (International Marketing &amp; Operations) at the comapny.<\/p><p><strong>Genus Power Infrastructure<\/strong>: The company\u2019s step-down wholly owned subsidiary has bagged a Rs 2,247.37 crore order for 24.18 lakh smart metres, including their design, supply, installation, and commissioning. With this development, the total order book now stands at around Rs 11,000 crore.<\/p><p><strong>India Pesticides<\/strong>: The agrochemical company plans to buy 11,461 square meters of land adjacent to its existing Sandila plant for setting up a manufacturing unit of pesticides. The acquisition of the new land will help the company in expansion of the Sandila plant.<\/p><p><strong>ITD Cementation<\/strong>: The company has bagged a marine contract worth Rs 3,290 crore, excluding GST.<\/p><p><strong>GlaxoSmithKline Pharma<\/strong>: The Assistant Commissioner of State Tax Maharashtra initiated a search at certain premises of the company on Thursday. The officials are extending their full cooperation and responding to the queries raised by them, it said.<\/p><p><strong>Shakti Pumps<\/strong>: The company received an order from the Haryana Renewable Energy Department for the supply, installation, and commissioning of solar water pumping systems. The order will be executed within a 120-day period from the date of issue of the work order.<br \/>India Pesticides: The company acquired 11,461 sq m of land adjacent to its existing Sandila plant in UP to set up a pesticide manufacturing unit. The cost of acquisition is Rs 9.61 crore.<\/p><p><strong>Navneet Education<\/strong>: The board has approved a composite scheme of arrangement for the amalgamation of Genext Students and the demerger of the Edtech business of Navneet Futuretech into Navneet Education. This scheme will help the company in rationalising the group structure and cost by utilising the existing Navneet Education workforce and resources.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ae45091 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ae45091\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2b64c957\" data-id=\"2b64c957\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-29ec4dd0 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"29ec4dd0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/ekyc.flattrade.in\/openaccount\/?utm_source=Blog&#038;utm_medium=organic&#038;utm_campaign=Demat+Account\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Open a Free Demat Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Market Opening &#8211; An Overview GIFT Nifty on the NSE IX were trading 0.22% lower at 19,387, signalling&hellip;","protected":false},"author":5,"featured_media":32964,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[42],"tags":[46,43,95,78,139,48,26,692,144,693,77,47,24,23,84,21],"class_list":{"0":"post-33515","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-morninger","8":"tag-market-news","9":"tag-market-update","10":"tag-markets","11":"tag-nifty","12":"tag-nifty-futures","13":"tag-nifty-today","14":"tag-nse","15":"tag-opening-bell","16":"tag-options","17":"tag-pre-market","18":"tag-sensex","19":"tag-sensex-today","20":"tag-share-market","21":"tag-stock-market","22":"tag-stocks","23":"tag-trading-account","24":"cs-entry","25":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pre Market Report: Dalal Street may open lower; RIL, Torrent Pharma, Jet Airways in radar - Flattrade Kosh<\/title>\n<meta name=\"description\" content=\"GIFT Nifty on the NSE IX were trading 0.22% lower at 19,387, signalling that Dalal Street was headed for a lower opening on Friday.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flattrade.in\/kosh\/pre-market-report-dalal-street-may-open-lower-ril-torrent-pharma-jet-airways-in-radar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pre Market Report: Dalal Street may open lower; RIL, Torrent Pharma, Jet Airways in radar - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"GIFT Nifty on the NSE IX were trading 0.22% lower at 19,387, signalling that Dalal Street was headed for a lower opening on Friday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/flattrade.in\/kosh\/pre-market-report-dalal-street-may-open-lower-ril-torrent-pharma-jet-airways-in-radar\/\" \/>\n<meta property=\"og:site_name\" content=\"Flattrade Kosh\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-01T03:20:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-01T03:24:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/08\/Stock-market-share-market-71.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Flattrade\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Flattrade\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/flattrade.in\/kosh\/pre-market-report-dalal-street-may-open-lower-ril-torrent-pharma-jet-airways-in-radar\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/flattrade.in\/kosh\/pre-market-report-dalal-street-may-open-lower-ril-torrent-pharma-jet-airways-in-radar\/\"},\"author\":{\"name\":\"Flattrade\",\"@id\":\"https:\/\/flattrade.in\/kosh\/#\/schema\/person\/0df49afdcdc9b8cf2e54f80cbc763e04\"},\"headline\":\"Pre Market Report: Dalal Street may open lower; 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