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 25,126.85.
Pre-Market Update at 8:05 AM: Wall Street's major indexes fell by about 1 per cent on Monday, with rising Treasury yields and concerns over the Middle East conflict affecting oil prices. The Dow dropped 398.51 points (0.94 per cent), the S&P 500 lost 55.13 points (0.96 per cent), and the Nasdaq fell 213.94 points (1.18 per cent).
The GIFT Nifty is trading lower, signaling a negative opening for the day. Nifty futures are currently trading at 25,126.85.
In early Tuesday trade, the US 10-year Treasury yield decreased by 44 bps to 4 per cent, while the US 2-year bond yield dropped 115 bps to 3.94 per cent.
Oil prices dipped in early Asian trading Tuesday as traders took profits after Monday's rally, driven by concerns over escalating tensions in the Middle East. Brent oil futures (Dec’24) declined 1.05 dollars (1.30 per cent) to $79.88 a barrel, while U.S. West Texas Intermediate declined 1.05 dollars (1.36 per cent) to $76.09 a barrel.
On October 07, 2024, foreign institutional investors (FII) sold shares worth Rs 8,293 crore, while domestic institutional investors (DII) bought shares worth Rs 13,245 crore.
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Stocks that are banned for trading in the F&O segment on October 08, 2024, are BANDHANBNK, BSOFT, GNFC, GRANULES, HINDCOPPER, IDFCFIRSTB, MANAPPURAM, PNB, RBLBANK.
Disclaimer: The article is for informational purposes only and not investment advice.