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GIFT Nifty:
The GIFT Nifty October futures contract is up 55 points, suggesting a positive start for the Nifty 50.
Institutional Flows:
Foreign portfolio investors (FPIs) sold shares worth Rs 5,684.63 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 6,039.90 crore in the Indian equity market on 23 October 2024, provisional data showed.
According to NSDL data, FPIs have sold shares worth over Rs 93088.37 crore (so far) in the secondary market during October 2024. This follows their purchase of shares worth Rs 46,552.40 crore in September 2024.
Global Markets:
The Dow Jones index futures were down 50 points, indicating a negative opening in the US stocks today.
Most Asian shares were down after a selloff on Wednesday as traders scaled back bets on US interest-rate cuts. Crude oil rose after retreating on Wednesday, as traders assessed tensions in the Middle East.
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