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 trading lower, indicating a weak start for the day. Nifty futures were trading at 24,301.00.

Pre-Market Update at 7:15 AM: US indices ended Monday's session on a positive note as investors placed their bets on Trump's nominee for Treasury Secretary. The Dow Jones Industrial Average, comprising 30 stocks, climbed 440 points or 0.99 per cent, closing at a record-high of 44,736.57.

The S&P 500 advanced 0.3 per cent to settle at 5,987, also reaching a new lifetime peak. Meanwhile, the tech-focused Nasdaq Composite edged up by 0.27 per cent, wrapping up the day at 19,054.84, another all-time high.

The GIFT Nifty is trading lower, indicating a weak start for the day. Nifty futures were trading at 24,301.00.

The U.S. 10-year Treasury yield stands at 4.283 per cent, while the 2-year bond yield at 4.269 per cent.

Brent crude fell 2.9 per cent to $73 per barrel, and WTI dropped 3.2 per cent to $68.90 per barrel on Monday, amid reports of a potential Israel-Hezbollah ceasefire. Doubts linger due to past failures. Traders also eyed rising Ukraine-Russia tensions and Iran’s nuclear fuel expansion plans. OPEC+ may extend production cuts from January, with a meeting set for December 1.

On November 25 2024, foreign institutional investors (FII) bought shares worth Rs 9,947 crore, while domestic institutional investors (DII) sold shares worth Rs 6,907 crore.

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Stocks that are banned for trading in the F&O segment on November 26, 2024, are AARTIIND, GNFC, GRANULES.

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

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