Top things you must know before the market opens!
The GIFT Nifty is trading higher, indicating a strong start for the day. Nifty futures were trading at 24,022.90.
Pre-Market Update at 8:15 AM: Wall Street ended on a positive note on Friday, with all three major indices recording gains for the week. Investors were reassured by data indicating strong economic activity in the largest economy globally.
The Dow Jones Industrial Average advanced by 426.16 points, or 0.97 per cent, closing at 44,296.51. Meanwhile, the S&P 500 added 20.63 points, or 0.35 per cent, to finish at 5,969.34, and the Nasdaq Composite climbed 31.23 points, or 0.16 per cent, to settle at 19,003.65.
The GIFT Nifty is trading higher, indicating a strong start for the day. Nifty futures were trading at 24,022.90.
The U.S. 10-year Treasury yield stands at 4.351 per cent, while the 2-year bond yield at 4.345 per cent.
Brent crude traded near $75 and WTI around $71.2 per barrel on Monday, hitting two-week highs. Rising geopolitical tensions, including Russia-Iran conflicts and Ukraine's attacks, raised supply concerns. Strong demand from China and India also supported prices, with India’s crude throughput up 3 per cent year-on-year in October.
On November 22 2024, foreign institutional investors (FII) sold shares worth Rs 1,278 crore, while domestic institutional investors (DII) bought shares worth Rs 1,722 crore.
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Stocks that are banned for trading in the F&O segment on November 25, 2024, are AARTIIND, ADANIENT, GNFC, GRANULES, HINDCOPPER, IGL, NATIONALUM.
Disclaimer: The article is for informational purposes only and not investment advice.