Top things you must know before the market opens!
The GIFT Nifty is trading lower, indicating a weak start for the day. Nifty futures were trading at 24,509.00.
Pre-Market Update at 8:45 AM: US stock indexes dropped Wednesday as chip stocks slid and investors awaited corporate earnings.
The Dow fell 91.51 points (0.22 per cent) to 42,141.54, the S&P 500 dropped 19.25 points (0.33 per cent) to 5,813.67, and the Nasdaq slid 104.82 points (0.56 per cent) to 18,607.93.
The GIFT Nifty is trading lower, indicating a weak start for the day. Nifty futures were trading at 24,509.00.
The U.S. 10-year Treasury yield stands at 4.284 per cent, while the 2-year bond yield at 4.176 per cent.
Oil prices rose Thursday, extending the previous rally amid optimism over U.S. fuel demand following a surprise drop in crude and gasoline inventories. Reports suggesting OPEC+ may delay a planned output increase also supported prices.
Brent crude gained 35 cents (0.5 per cent) to $72.90 a barrel, while U.S. West Texas Intermediate added 32 cents (0.5 per cent) to $68.93 per barrel.
On October 30 2024, foreign institutional investors (FII) sold shares worth Rs 4,613 crore, while domestic institutional investors (DII) bought shares worth Rs 4,518 crore.
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Stocks that are banned for trading in the F&O segment on October 31, 2024, are IDFCFIRSTB, INDIAMART, PNB, RBLBANK.
Disclaimer: The article is for informational purposes only and not investment advice.