Top things you must know before the market opens!
The GIFT Nifty is trading marginally higher, indicating a flat to positive start for the day. Nifty futures were trading at 23,517.90.
Pre-Market Update at 8:10 AM: The Nasdaq and S&P 500 edged higher on Monday, with gains driven by optimism around Nvidia’s upcoming earnings and Tesla’s boost from potential policy support under the Trump administration.
The Dow slipped 55 points, or 0.13 per cent, closing at 43,390. Meanwhile, the S&P 500 rose 23 points (0.39 per cent) to 5,894, and the Nasdaq climbed 112 points (0.60 per cent) to finish at 18,792.
The GIFT Nifty is trading marginally higher, indicating a flat to positive start for the day. Nifty futures were trading at 23,517.90.
The U.S. 10-year Treasury yield stands at 4.408 per cent, while the 2-year bond yield at 4.278 per cent.
Oil prices remained steady on Tuesday, with Brent near $73.3 per barrel and WTI above $69, after a 3.2 per cent surge in the prior session. Supply disruptions added to the rally, as Norway's Johan Sverdrup field halted production and Kazakhstan’s Tengiz venture cut output by 30 per cent due to maintenance.
Rising tensions between Russia and Ukraine, following U.S. approval for Ukraine to use long-range missiles, further supported prices. A weaker U.S. dollar also boosted demand for crude by making it cheaper for international buyers.
On November 18 2024, foreign institutional investors (FII) sold shares worth Rs 1,403 crore, while domestic institutional investors (DII) bought shares worth Rs 2,330 crore.
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Stocks that are banned for trading in the F&O segment on November 19, 2024, are AARTIIND, ABFRL, GNFC, GRANULES, HINDCOPPER.
Disclaimer: The article is for informational purposes only and not investment advice.