Top things you must know before the market opens!
The GIFT Nifty is trading flat, indicating a flat start for the day. Nifty futures were trading at 23,601.70.
Pre-Market Update at 8:40 AM: Wall Street's main indexes closed lower on Friday, marking the biggest one-day losses in two weeks for the S&P 500 and Nasdaq. Concerns over slower interest-rate cuts and reactions to President-elect Donald Trump's cabinet picks impacted the market.
The Dow Jones fell 305.87 points (0.70 per cent) to 43,444.99, the S&P 500 dropped 78.55 points (1.32 per cent) to 5,870.62, and the Nasdaq lost 427.53 points (2.24 per cent) to 18,680.12.
The GIFT Nifty is trading flat, indicating a flat start for the day. Nifty futures were trading at 23,601.70.
The U.S. 10-year Treasury yield stands at 4.439 per cent, while the 2-year bond yield at 4.303 per cent.
Brent crude oil stabilized at around $71 per barrel and WTI at $67 per barrel on Monday, pausing recent declines. This came as escalating Russia-Ukraine conflict raised fears of supply disruptions, with Russia launching its largest air strike on Ukraine in nearly three months. Weaker demand in China and a stronger US dollar, driven by expectations of slower Fed rate cuts, also pressured oil prices.
On November 14 2024, foreign institutional investors (FII) sold shares worth Rs 1,849 crore, while domestic institutional investors (DII) bought shares worth Rs 2,481 crore.
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Stocks that are banned for trading in the F&O segment on November 18, 2024, are AARTIIND, ABFRL, GNFC, GRANULES, HINDCOPPER.
Disclaimer: The article is for informational purposes only and not investment advice.