Top things you must know before the market opens!

The GIFT Nifty indicates a positive start for the Indian Benchmark indices, with a slight gain of 0.17 per cent or 42 points. Nifty futures are currently trading near the 25,270.00 mark.

Pre-Market Update at 8:30 AM: The Dow Jones Industrial Average reached a record high on Thursday, rising 0.59 per cent to close at 41,335.05 points, driven by strong U.S. economic data.

The Commerce Department reported that the economy grew faster than initially estimated, bolstered by strong consumer spending, easing recession concerns.

Meanwhile, Nvidia shares fell as its forecast met expectations but failed to excite investors.

The S&P 500 remained nearly flat at 5,591.96 points, while the Nasdaq slipped 0.23 per cent to 17,516.43 points.

The GIFT Nifty indicates a positive start for the Indian Benchmark indices, with a slight gain of 0.17 per cent or 42 points. Nifty futures are currently trading near the 25,270.00 mark.

Oil prices remained relatively stable in Asian trading on Friday, as concerns over tighter supplies in Libya and Iraq balanced ongoing fears of a demand slowdown. Despite a rebound earlier in the week due to production halts in Libya and anticipated cuts in Iraqi output, crude prices were still set to close August with losses.

Brent oil futures edged up 0.2 per cent to USD 80.08 a barrel, while West Texas Intermediate crude futures increased 0.1 per cent to USD 75.98 a barrel.

On August 29, 2024, foreign institutional investors (FII) purchased shares worth Rs 3,259.56 crore, while domestic institutional investors (DII) bought shares worth Rs 2,690.85 crore.

No stocks are banned for trading in the F&O segment on August 30, 2024.