Top things you must know before the market opens!

The GIFT Nifty is trading higher, indicating a positive start for the day. Nifty futures were trading at 25,280.00.

Pre-Market Update at 8:30 AM: Global stocks advanced on Tuesday, driven by a Wall Street rally that outweighed concerns over China's lack of stimulus details. Investors are now focusing on upcoming U.S. inflation data and corporate earnings.

On Wall Street, U.S. stocks surged, with the S&P 500 rebounding by nearly 1 per cent after a previous dip. Tech stocks led the charge, jumping over 2 per cent.

The Dow rose 126.13 points (0.30 per cent) to 42,080.37, the S&P 500 gained 55.19 points (0.97 per cent) to 5,751.13, and the Nasdaq climbed 259.01 points (1.45 per cent) to 18,182.92.

The GIFT Nifty is trading higher, indicating a positive start for the day. Nifty futures were trading at 25,280.00.

The US 10-year Treasury yield rose by 10 bps to 4.01 per cent, while the 2-year bond yield remained steady at 3.95 per cent.

Oil prices recovered slightly on Wednesday after falling over 4% the previous day due to reports of a possible ceasefire between Hezbollah and Israel. However, concerns over a potential attack on Iran's oil infrastructure provided some support. Brent oil futures (Dec’24) rose by 24 cents (0.31 per cent) to $77.42 a barrel, while U.S. West Texas Intermediate rose by 13 cents (0.18 per cent) to $73.70 a barrel.

On October 08, 2024, foreign institutional investors (FII) sold shares worth Rs 5,729 crore, while domestic institutional investors (DII) bought shares worth Rs 7,000 crore.

Stocks that are banned for trading in the F&O segment on October 09, 2024, are BANDHANBNK, BSOFT, GNFC, GRANULES, HINDCOPPER, IDFCFIRSTB, MANAPPURAM, PNB, RBLBANK, SAIL.

Disclaimer: The article is for informational purposes only and not investment advice.