Top things you must know before the market opens!

Top things you must know before the market opens!

Gaurav Taparia
/ Categories: Trending, Mkt Commentary

The GIFT Nifty is showing an upward trend, signaling a positive opening for the day. Nifty futures are currently trading at 26,045.00.

Pre-Market Update at 7:55 AM: On Monday, gains in the Dow Jones Oil & Gas, Consumer Goods, and Basic Materials sectors pushed shares higher. By the close, the Dow Jones Industrial Average rose by 0.15 per cent, reaching a new all-time high.

The S&P 500 gained 0.28 per cent, while the NASDAQ Composite increased by 0.14 per cent. The yield on the US 10-year Treasury fell 4.64 basis points to 3.743 per cent, while the US 2-year bond yield settling at 3.58 per cent

The GIFT Nifty is showing an upward trend, signaling a positive opening for the day. Nifty futures are currently trading at 26,045.00.

Oil prices dropped on Monday, as concerns over demand grew due to weak business activity in the euro zone and a sluggish Chinese economy.

Brent crude for November delivery fell by 59 cents, or 0.8 per cent, to $73.90 a barrel, while U.S. crude for November declined by 63 cents, or 0.9 per cent, to $70.37 a barrel.

On September 23, 2024, foreign institutional investors (FII) bought shares worth Rs 404 crore, while domestic institutional investors (DII) bought shares worth Rs 1,022 crore.

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Stocks that are banned for trading in the F&O segment on September 24, 2024, are AARTIIND, ABFRL, BIOCON, CHAMBLFERT, GNFC, GRANULES, IDEA, LICHSGFIN, NATIONALUM, OFSS, PNB, SAIL.

Disclaimer: The article is for informational purposes only and not investment advice. 

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