The Indian market is set for a mixed opening today, with GIFT Nifty trading flat at 24,333.30, suggesting a subdued start. On Friday, the Nasdaq gained 103.12 points (0.56%) to 18,518.61, driven by strong performance from megacap stocks as investors looked ahead to key earnings reports. In contrast, the Dow Jones fell by 259.96 points (0.61%) to 42,114.40, while the S&P 500 was down slightly by 1.74 points (0.03%) to 5,808.12.
In the bond market, U.S. Treasury yields are relatively high, with the 10-year yield at 4.276% and the 2-year yield at 4.133%, reflecting ongoing inflation concerns.
Oil prices saw a significant drop in early Asian trading on Monday, despite recent developments in the Middle East. December North Sea Brent fell by 4.05% to $72.97, and West Texas Intermediate (WTI) decreased by 4.19% to $68.77.
On October 25, foreign institutional investors (FIIs) net sold shares worth ₹3,036 crore, while domestic institutional investors (DIIs) bought shares totaling ₹4,159 crore, providing some local support to the market.
Stocks banned from trading in the F&O segment on October 28 include AARTIIND, BANDHANBNK, DIXON, ESCORTS, IDFCFIRSTB, INDIAMART, LTF, MANAPPURAM, NMDC, and RBLBANK.
Note: The information provided is for educational and informational purposes only and should not be considered investment advice.
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