Key things to know before the market opens!

On August 13, foreign institutional investors (FIIs) sold shares worth Rs 2,107.17 crore, while domestic institutional investors (DIIs) made a considerable inflow of Rs 1,239.9 crore.

Pre-Market Update at 8:00 AM:

Wall Street indices saw a robust rally overnight, reaching their highest levels in nearly two weeks, as softer producer price data fuelled speculation of a potential Fed interest rate cut. The Nasdaq Composite Index climbed 2.43 per cent, the S&P 500 surged 1.68 per cent, and the Dow Jones Industrial Average gained by 1.04 per cent.

Mixed investor sentiment is evident across Asian markets, though the overall tone remains largely positive, reflecting the overnight strength in U.S. markets. GIFT Nifty, trading slightly lower than the previous close, suggests a subdued start for domestic indices in today's trading session.

Brent and U.S. crude oil futures declined yesterday as traders' concerns eased over the potential for a broader conflict in the Middle East, with Iran still not having acted on its threats to retaliate against Israel.

The dollar remained on the defensive after tumbling against major peers overnight, while Treasury yields edged lower following U.S. producer price data that bolstered expectations for an interest rate cut from the Federal Reserve.

On August 13, foreign institutional investors (FIIs) sold shares worth Rs 2,107.17 crore, while domestic institutional investors (DIIs) made a considerable inflow of Rs 1,239.9 crore.