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Before Market Opens: 9 essential things to know at 9 am on May 31, 2024

Before Market Opens: Indian markets are set to open on a lower note for the sixth straight session on Friday following disappointing US GDP Data for the March quarter and a fall in global peers. Meanwhile, Gift Nifty also traded 27 points lower. Lets take a look at some key cues before opening:
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Oil slips after Fed signals no rush to cut rates as key US inflation data awaited

NEW YORK :Oil prices fell on Friday and posted a weekly loss as investors awaited an OPEC+ meeting on Sunday that will determine the fate of the producer group's output cuts.Brent futures for July delivery were down 24 cents, or 0.3 per cent, to $81.62 a barrel, while the more liquid August contract was down
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