Top things you must know before the market opens!
The GIFT Nifty is trading flat, indicating a muted start for the day. Nifty futures were trading at 24,615.50.
Pre-Market Update at 8:05 AM: The Nasdaq hit a new record high, closing up 0.78 per cent at 18,712.75, while the S&P 500 gained 0.16 per cent to reach 5,832.97 on Tuesday. Meanwhile, the Dow dropped 0.36 per cent, ending the session at 42,233.05, as investors reviewed corporate earnings and awaited Alphabet's results.
The GIFT Nifty is trading flat, indicating a muted start for the day. Nifty futures were trading at 24,615.50.
The U.S. 10-year Treasury yield stands at 4.246 per cent, while the 2-year bond yield at 4.096 per cent.
Oil prices steadied on Wednesday after industry data showed an unexpected decline in U.S. crude and gasoline inventories, following recent losses amid hopes for easing Middle East tensions.
Brent crude rose 21 cents, or 0.3 per cent, to $71.33 a barrel, while U.S. West Texas Intermediate increased 22 cents, or 0.3 per cent, to $67.43 per barrel.
On October 29 2024, foreign institutional investors (FII) sold shares worth Rs 548 crore, while domestic institutional investors (DII) bought shares worth Rs 730 crore.
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Stocks that are banned for trading in the F&O segment on October 29, 2024, are IDFCFIRSTB, INDIAMART, LTF, MANAPPURAM, PNB, RBLBANK.
Disclaimer: The article is for informational purposes only and not investment advice.