Top things you must know before the market opens!
The GIFT Nifty is indicating a muted start for the day. Nifty futures were trading at 23,992.65.
Pre-Market Update at 8:15 AM: On Friday, Wall Street ended in the red as technology stocks faced significant selling pressure. The Dow Jones, S&P 500, and Nasdaq Composite recorded declines ranging from 0.8 per cent to 1.5 per cent. However, despite these daily setbacks, all three indices managed to achieve weekly gains of up to 0.8 per cent.
The GIFT Nifty is indicating a muted start for the day. Nifty futures were trading at 23,992.65.
The U.S. 10-year Treasury yield stands at 4.627 per cent, while the 2-year bond yield at 4.328 per cent.
Brent crude traded near $73.8 and WTI at $70.5 on Monday in light trading, as focus shifted to a potential 2025 oversupply. Weak Chinese demand and policy shifts, including Trump’s proposed tariffs and Iran sanctions, added pressure. Crude prices stayed in a narrow range since October, heading for an annual decline.
On December 27 2024, foreign institutional investors (FII) sold shares worth Rs 1,323 crore, while domestic institutional investors (DII) bought shares worth Rs 2,544 crore.
As of December 30, 2024, no stocks are under the F&O segment trading ban.
Disclaimer: The article is for informational purposes only and not investment advice.