Riddhi Siddhi Share Brokers Morning Action @ 7am – Monday, Aug | Riddhi Siddhi News & Updates - No Advt

Riddhi Siddhi Share Brokers Morning Action @ 7am – Monday, August 1st 2022

Nifty likely to start the day on front foot on backdrop of positive leads from Wall Street in Friday’s trade.

Nifty’s immediate bullish targets at 17557 mark.

RIDDHI SIDDHI SHARE BROKERS 7am GLOBAL UPDATE:
# Dow (+316, 32845)
# Nasdaq (+228, 12391)
# Bovespa (+568, 103165)

# SGX Nifty (+36, 17267)
# Dow Futures (-118, 32707)
# Nikkei (-10, 27791)
# Hang Seng (Closed, 20157)


RIDDHI SIDDHI SHARE BROKERS WHAT HAPPENED AT WALL STREET IN FRIDAY’S TRADE:

# The tech-heavy Nasdaq Composite soared 1.9% to 12,390 and the S&P 500 Index (+1.4% to 4,130) and Dow Jones Industrial Average (+1.0% to 32,845) posted solid gains.

# The Dow rose 6.7% in the month of July. The S&P 500 zoomed 9.1% for July month while the Nasdaq Composite, which is still in bear market territory, was up roughly 12.4% in the month gone by. Interestingly, these are the biggest monthly gains for all three Wall Street indices since 2020.

# Nifty ended the month of July with spectacular gains of 8.73%.

# WTI crude oil advanced 2.3% to $98.62 per barrel.

# The small-cap Russell 2000 advanced 0.7% to 1,885.

# Bitcoin inched up to $23,906.

# Gold futures eked out a marginal gain to end at $1,781.80 an ounce.

# The US Dollar index slips to 105.89.


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