Top things you must know before the market opens!
The GIFT Nifty is signaling a positive opening for the market, pointing to a strong start to the day, with Nifty futures trading at 24,945.
Pre-Market Update at 8:20 AM: All three major U.S. stock indexes closed higher on Wednesday, with gains in the technology sector outweighing investor disappointment over an early morning inflation report. The report dashed hopes that the Federal Reserve would lower interest rates by 50 basis points next week.
The Dow Jones Industrial Average increased by 124.75 points, or 0.31 per cent, to 40,861.71. The S&P 500 added 58.61 points, or 1.07 per cent, reaching 5,554.13, while the Nasdaq Composite rose by 369.65 points, or 2.17 per cent, to 17,395.53.
In early Thursday trading, U.S. Treasury yields saw a rise, with the 10-year yield increasing by 26 basis points to 3.66 per cent, while the 2-year yield climbed 40 basis points to 3.65 per cent.
The GIFT Nifty is signaling a positive opening for the market, pointing to a strong start to the day, with Nifty futures trading at 24,945.
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Oil prices rose on Thursday, even though worries about reduced demand wiped out gains from the previous session, which had been driven by Hurricane Francine's effect on U.S. production, the world's largest crude producer. Brent crude was trading 0.34 per cent higher at $70.85 per barrel.
On September 11, 2024, foreign institutional investors (FII) bought shares worth Rs 1,755 crore, while domestic institutional investors (DII) sold shares worth Rs 230 crore.
Stocks that are banned for trading in the F&O segment on September 11, 2024, are AARTIIND, ABFRL, BALRAMCHIN, BANDHANBNK, CHAMBLFERT, HINDCOPPER, and RBLBANK
Disclaimer: The article is for informational purposes only and not investment advice.