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 24,449.95.
Pre-Market Update at 8:25 AM: A decline in the largest global technology companies weighed on US stocks, while recent economic data bolstered hopes for a slower pace of Federal Reserve rate cuts.
The S&P 500 closed 0.38 per cent lower at 5,998.74, the Dow Jones dropped 0.31 per cent to 44,722.06, and the Nasdaq Composite ended 0.60 per cent down at 19,060.48.
The GIFT Nifty is trading flat, indicating a flat start for the day. Nifty futures were trading at 24,449.95.
The U.S. 10-year Treasury yield stands at 4.261 per cent, while the 2-year bond yield at 4.231 per cent.
Brent crude dipped below $73 and WTI below $69 per barrel as markets awaited the OPEC+ meeting amid oversupply concerns. Geopolitical risks persisted despite an Israel-Hezbollah ceasefire. US crude stocks fell by 1.8 million barrels, while gasoline inventories rose sharply by 3.3 million barrels.
On November 27 2024, foreign institutional investors (FII) bought shares worth Rs 7 crore, while domestic institutional investors (DII) bought shares worth Rs 1,301 crore.
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As of November 28, 2024, no stocks are under the F&O segment trading ban.
Disclaimer: The article is for informational purposes only and not investment advice.