Top things you must know before the market opens!
The GIFT Nifty is trading higher, indicating a positive start for the day. Nifty futures were trading at 25,258.25.
Pre-Market Update at 8:30 AM: Wall Street stocks rose on Wednesday, with the S&P 500 and Dow reaching record highs after the release of Federal Reserve minutes. The Dow gained 431.63 points (1.03 per cent) to 42,512.00, the S&P 500 added 40.91 points (0.71 per cent) to 5,792.04, and the Nasdaq rose 108.70 points (0.60 per cent) to 18,291.62.
The GIFT Nifty is trading higher, indicating a positive start for the day. Nifty futures were trading at 25,258.25.
The US 10-year Treasury yield dropped by 24 basis points to 4.06 per cent, while the 2-year bond yield declined by 36 basis points to 4 per cent.
Oil prices edged higher on Thursday, recovering from recent losses as attention stayed on the Middle East conflict and potential stimulus in China. Gains were capped by a stronger dollar and a larger-than-expected rise in U.S. inventories. Brent crude futures for December rose 0.4 per cent to $76.89 a barrel, while WTI crude futures increased by 0.4 per cent to $72.86.
On October 09, 2024, foreign institutional investors (FII) sold shares worth Rs 4,562 crore, while domestic institutional investors (DII) bought shares worth Rs 3,508 crore.
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Stocks that are banned for trading in the F&O segment on October 10, 2024, are BANDHANBNK, BSOFT, GNFC, GRANULES, HINDCOPPER, IDFCFIRSTB, MANAPPURAM, PNB, RBLBANK, SAIL, TATACHEM.
Disclaimer: The article is for informational purposes only and not investment advice.