The Ultimate Guide to Money Making @ 6 AM – Wednesday, August 7th 2024

The Ultimate Guide to Money Making @ 6 AM – Wednesday, August 7th 2024

*The Ultimate Guide to Money Making @ 6 AM – Wednesday, August 7th 2024*

# Wall Street ends sharply higher in Tuesday’s trade as aggressive bullish traders shrug-off recent fears and widespread panic selling.

Honestly speaking, if overnight rise at Wall Street is any indication, then none of the negative catalysts in the last three days of meltdown at global stock markets could be considered as a black swan event.

Long Story Short: The big bounce in Gift Nifty this morning too indicates that the ‘Fears Were Overblown’.

That said, Technically, Nifty’s support is seen at the 23630 mark.

*6:00 AM GLOBAL UPDATE:*

# GIFT Nifty 🇮🇳: (+75, 24120)

# Dow Futures: (+23, 39021)

# Nasdaq 100 Futures (-19, 18057)

# Nikkei (-460, 34200)

# Dow Jones (+294, 38998)

# Nasdaq (+167, 16368)

# Bovespa (+997, 126267).

# This week, all eyes now will be on RBI MPC outcome on Thursday, 8th August.

# Q1 results to trickle in today: PIDILITE, GODREJ CONSUMER, BSE, RADICO KHAITAN,  KRISHNA INTITUE, LEMON TREE, NHPC, BASF.

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