Top things you must know before the market opens!
The GIFT Nifty is trading slightly positive, indicating a flat to positive start for the day. Nifty futures were trading at 24,616.10.
Pre-Market Update at 8:25 AM: Wall Street closed lower on Wednesday as rising Treasury yields weighed on megacap stocks, and investor hopes for strong Fed rate cuts waned.
The Dow dropped 409.94 points (0.96 per cent), the S&P 500 fell 53.78 points (0.92 per cent), and the Nasdaq lost 296.47 points (1.60 per cent).
The GIFT Nifty is trading slightly positive, indicating a flat to positive start for the day. Nifty futures were trading at 24,616.10.
The U.S. 10-year Treasury yield stands at 4.22 per cent, while the 2-year bond yield at 4.06 per cent.
Oil prices edged up on Thursday, recovering from over 1 per cent losses in the previous session after a larger-than-expected rise in U.S. crude inventories. Brent crude gained 44 cents (0.59 per cent) to $75.40, while WTI crude rose 45 cents (0.64 per cent) to $71.22, as ongoing Israel-Hezbollah tensions fueled supply concerns.
On October 23 2024, foreign institutional investors (FII) sold shares worth Rs 5,684 crore, while domestic institutional investors (DII) bought shares worth Rs 6,039 crore.
DSIJ offers a service 'Flash News Investment' with recommendations for Profit-making Ideas for You (Weekly) based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the service details pdf here
Stocks that are banned for trading in the F&O segment on October 24, 2024, are AARTIIND, BANDHANBNK, BSOFT, GNFC, IEX, INDIAMART, MANAPPURAM, NMDC, PEL, RBLBANK.
Disclaimer: The article is for informational purposes only and not investment advice.