Top things you must know before the market opens!
The GIFT Nifty is indicating a muted start for the day. Nifty futures were trading at 23,767.00.
Pre-Market Update at 7:45 AM: Wall Street's major indexes closed higher on Monday, with the Dow Jones Industrial Average and Nasdaq Composite marking their third consecutive day of gains. The rise was supported by the performance of several leading tech stocks, often referred to as the "Magnificent Seven," on a day of lighter trading due to the holiday.
The S&P 500 increased by 43.22 points, or 0.73 per cent, to reach 5,974.07, while the Nasdaq Composite added 192.29 points, or 0.98 per cent, finishing at 19,764.89. The Dow Jones Industrial Average was up by 66.69 points, or 0.16 per cent, closing at 42,906.95.
The GIFT Nifty is indicating a muted start for the day. Nifty futures were trading at 23,767.00.
The U.S. 10-year Treasury yield stands at 4.581 per cent, while the 2-year bond yield at 4.337 per cent.
Brent crude neared $73, and WTI hit $69.5 on Tuesday, supported by strong US data and rising Indian imports. Gains were limited by oversupply concerns, a strong dollar, and China’s oil demand peak forecast by 2027.
On December 23 2024, foreign institutional investors (FII) sold shares worth Rs 168 crore, while domestic institutional investors (DII) bought shares worth Rs 2,227 crore.
Stocks that are banned for trading in the F&O segment on December 24, 2024, are BANDHANBNK, GRANULES, HINDCOPPER, MANAPPURAM, RBLBANK.
Disclaimer: The article is for informational purposes only and not investment advice.