Top things you must know before the market opens!
The GIFT Nifty is signaling a flat opening for the market, with Nifty futures trading at 25,448.
Pre-Market Update at 8:30 AM: U.S. stocks ended the day nearly flat on Tuesday, surrendering earlier gains that had briefly pushed the S&P 500 and Dow Jones Industrial Average to all-time highs. Investors were cautious ahead of the Federal Reserve's first interest rate cut in four and a half years.
The Dow Jones Industrial Average dipped 15.90 points, or 0.04 per cent, to close at 41,606.18. Meanwhile, the S&P 500 edged up 1.49 points, or 0.03 per cent, to 5,634.58, and the Nasdaq Composite rose 35.93 points, or 0.20 per cent, to finish at 17,628.06.
In early trading on Tuesday, the U.S. 10-year Treasury yield dropped by 10 basis points to 3.64 per cent, while the 2-year bond yield fell 12 basis points to 3.60 per cent.
The GIFT Nifty is signaling a flat opening for the market, with Nifty futures trading at 25,448.
On Tuesday, U.S. crude oil prices climbed past $71 per barrel, fueled by growing optimism that the Federal Reserve is likely to lower interest rates this week, while ongoing production disruptions in the Gulf of Mexico also contributed to the rise.
On September 17, 2024, foreign institutional investors (FII) bought shares worth Rs 482 crore, while domestic institutional investors (DII) bought shares worth Rs 874 crore.
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Stocks that are banned for trading in the F&O segment on September 18, 2024, are AARTIIND, BALRAMCHIN, BIOCON, BSOFT, GNFC, GRANULES, HINDCOPPER, LICHSGFIN, PNB, RBLBANK.
Disclaimer: The article is for informational purposes only and not investment advice.