Top things you must know before the market opens!

GIFT Nifty is showing gains, signaling a positive opening for the day ahead. Nifty futures traded at 25,339.

Pre-Market Update at 8:20 AM: Wall Street's major indexes closed higher on Thursday, driven by inflation data that supported expectations of a 25-basis point rate cut by the Federal Reserve. The PPI rose 0.2 per cent in August, slightly above estimates, while core inflation increased by 0.3 per cent. Unemployment claims matched forecasts at 230,000.

The Dow gained 235 points (0.58 per cent) to close at 41,096.77, the S&P 500 added 41.63 points (0.75 per cent) to reach 5,595.76, and the Nasdaq rose 174.15 points (1 per cent) to end at 17,569.68.

In early Thursday trading, U.S. Treasury yields fell, with the 10-year yield declining by 87 basis points to 3.64 per cent, while the 2-year yield declined by 131 basis points to 3.59 per cent.

GIFT Nifty is showing gains, signaling a positive opening for the day ahead. Nifty futures traded at 25,339.

Oil prices climbed on Friday, continuing a rally driven by production disruptions in the US Gulf of Mexico. Hurricane Francine prompted producers to evacuate platforms ahead of its landfall in Louisiana. Brent crude was trading 0.40 per cent higher at $72.26 per barrel.

On September 12, 2024, foreign institutional investors (FII) bought shares worth Rs 7,695 crore, while domestic institutional investors (DII) sold shares worth Rs 1,800 crore.

Stocks that are banned for trading in the F&O segment on September 13, 2024, are AARTIIND, ABFRL, BALRAMCHIN, BANDHANBNK, CHAMBLFERT, GRANULES, HINDCOPPER, RBLBANK.

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