Top things you must know before the market opens!
The GIFT Nifty indicates a negative start for the Indian Benchmark indices, with a slight decline of 0.16 per cent or 40.5 points. Nifty futures are currently trading near the 25,376.90 mark.
Pre-Market Update at 8:30 AM: The S&P 500 increased by 1.01 per cent to close at 5,648.40 points. The Nasdaq Composite Index gained 1.13 per cent to finish at 17,713.62 points, while the Dow Jones Industrial Average edged up 0.55 per cent to 41,563.08 points.
On Friday, the 10-year Treasury yield was up 4.4 basis points at 3.911 per cent, and the 2-year yield rose by 5.08 basis points to 3.919 per cent.
The GIFT Nifty indicates a negative start for the Indian Benchmark indices, with a slight decline of 0.16 per cent or 40.5 points. Nifty futures are currently trading near the 25,376.90 mark.
Oil prices continued to decline on Monday as investors weighed increased OPEC+ production against a sharp drop in Libyan output and weak demand in China and the US.
Brent crude futures dropped by 57 cents, or 0.7 per cent, to $76.36 per barrel, while U.S. West Texas Intermediate crude decreased by 50 cents, or 0.7 per cent, to $73.05 per barrel. This decline comes after Brent fell by 0.3 per cent last week, and WTI saw a 1.7 per cent decrease.
On August 30, 2024, foreign institutional investors (FII) bought shares worth Rs 5,316.14 crore, while domestic institutional investors (DII) offloaded shares worth Rs 3,198.07 crore.
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Stocks that are banned for trading in the F&O segment on September 2, 2024, are BALRAMCHIN.
Disclaimer: The article is for informational purposes only and not investment advice.