Top things you must know before the market opens!
The GIFT Nifty is trading flat, indicating a muted start for the day. Nifty futures were trading at 24,783.25.
Pre-Market Update at 8:45 AM: On Friday, the Dow Jones Industrial Average closed with a decline of 0.28 per cent, while the S&P 500 edged up by 0.25 per cent. The Nasdaq Composite saw a stronger gain, ending 0.81 per cent higher.
The GIFT Nifty is trading flat, indicating a muted start for the day. Nifty futures were trading at 24,783.25.
The U.S. 10-year Treasury yield stands at 4.145 per cent, while the 2-year bond yield at 4.102 per cent.
Brent crude rose to $71.4 per barrel, and WTI reached $67.4 on Monday, driven by Middle East tensions after Syria’s President Assad was ousted. Saudi Aramco cut January 2025 prices for Asia to a near four-year low amid weak Chinese demand. OPEC+ delayed output hikes to April, while rising U.S. rig activity signaled higher crude supply, adding pressure to prices.
On December 6 2024, foreign institutional investors (FII) sold shares worth Rs 1,830 crore, while domestic institutional investors (DII) bought shares worth Rs 1,659 crore.
Stocks that are banned for trading in the F&O segment on December 9, 2024, are GRANULES, MANAPPURAM, PVRINOX, RBLBANK.
Disclaimer: The article is for informational purposes only and not investment advice.