Top things you must know before the market opens!
The GIFT Nifty is trading lower, indicating a flat to negative start for the day. Nifty futures were trading at 23,933.90.
Pre-Market Update at 8:30 AM: Wall Street's main indexes dipped on Tuesday as investors locked in gains from the recent post-election rally and awaited U.S. inflation data.
The Dow Jones Industrial Average dropped 382.15 points, or 0.86 per cent, to 43,910.98. The S&P 500 slipped 17.36 points, or 0.29 per cent, to 5,983.99, while the Nasdaq Composite edged down 17.36 points, or 0.09 per cent, to 19,281.40.
The GIFT Nifty is trading lower, indicating a flat to negative start for the day. Nifty futures were trading at 23,933.90.
The U.S. 10-year Treasury yield stands at 4.429 per cent, while the 2-year bond yield at 4.347 per cent.
Brent crude remained below $72 per barrel and WTI around $68 on Wednesday, near a two-week low. OPEC cut its 2024 oil demand forecast for the fourth time, citing China’s economic slowdown. Concerns over potential new U.S. tariffs on Chinese goods and a possible surplus by 2025 due to rising non-OPEC supply and OPEC’s output plans also weighed on the market.
On November 12 2024, foreign institutional investors (FII) sold shares worth Rs 3,024 crore, while domestic institutional investors (DII) bought shares worth Rs 1,854 crore.
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Stocks that are banned for trading in the F&O segment on November 13, 2024, are AARTIIND, ABFRL, GRANULES, HINDCOPPER, MANAPPURAM.
Disclaimer: The article is for informational purposes only and not investment advice.