Top things you must know before the market opens!
The GIFT Nifty is trading lower, signaling a negative opening for the day. Nifty futures are currently trading at 26,459.15.
Pre-Market Update at 8:25 AM: Treasury yields and the dollar dropped, while the Dow reached a record high on Friday. A lower-than-expected U.S. inflation report boosted hopes for a large interest rate cut by the Federal Reserve at its November meeting.
The Dow Jones Industrial Average climbed 137.89 points, or 0.33 per cent, to 42,313.00. Meanwhile, the S&P 500 dipped 7.20 points, or 0.13 per cent, to 5,738.17, and the Nasdaq Composite declined 70.70 points, or 0.39 per cent, to 18,119.59.
The GIFT Nifty is trading lower, signaling a negative opening for the day. Nifty futures are currently trading at 26,459.15.
Oil prices rose slightly on Monday as worries grew about possible supply disruptions from the Middle East after Israel intensified attacks on Iranian-backed forces.
Brent crude futures for November rose by 16 cents, or 0.22 per cent, to $72.14 a barrel. The December contract, which is more actively traded, increased by 10 cents, or 0.14 per cent, to $71.64. U.S. West Texas Intermediate crude futures went up 8 cents, or 0.12 per cent, to $68.26 a barrel.
On September 27, 2024, foreign institutional investors (FII) sold shares worth Rs 1,209 crore, while domestic institutional investors (DII) bought shares worth Rs 6,886 crore.
As of September 30, 2024, no stocks are under the F&O segment trading ban.
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Disclaimer: The article is for informational purposes only and not investment advice.