Top things you must know before the market opens!
The GIFT Nifty is trading slightly higher, indicating a flat to positive start for the day. Nifty futures were trading at 24,425.00.
Pre-Market Update at 7:40 AM: On Monday, the S&P 500 climbed by 0.24 per cent, while the Nasdaq Composite recorded a 0.97 per cent gain. In contrast, the Dow Jones Industrial Average closed 0.29 per cent lower.
The GIFT Nifty is trading slightly higher, indicating a flat to positive start for the day. Nifty futures were trading at 24,425.00.
The U.S. 10-year Treasury yield stands at 4.195 per cent, while the 2-year bond yield at 4.179 per cent.
Brent crude hovered near $71.8 per barrel and WTI around $68 as traders awaited Thursday's OPEC+ meeting, expected to delay a production hike amid oversupply concerns. Supporting prices were signs of economic recovery in China, while Middle East tensions, including Syria's conflict and Israel's ceasefire commitments after strikes on Hezbollah, added to market focus.
On December 2 2024, foreign institutional investors (FII) sold shares worth Rs 238 crore, while domestic institutional investors (DII) bought shares worth Rs 3,588 crore.
Stocks that are banned for trading in the F&O segment on December 3, 2024, are RBLBANK.
Disclaimer: The article is for informational purposes only and not investment advice.