Good Morning Early Readers!!

Gift Nifty points to a positive start as bulls take over the positive baton from strong Wall Street cues in overnight trade.

The Positive Catalyst: Investors cheer Fed-rate cut talks.

6:00 AM GLOBAL UPDATE:

GIFT Nifty: (+44, 25574)
Dow Futures: (-34, 44424)
Nasdaq 100 Futures (-16, 22849)

Nikkei (-201, 39615)
Hang Seng (CLOSED, 23892)

Dow Jones (+218, 44458)
Nasdaq Composite (+193, 20611)
Bovespa (-1822, 137481).

As on Wednesday’s close, the Nasdaq Composite gained 0.9% to 20,611, the S&P 500 was up 0.6%% at 6,263, and the Dow Jones rose 0.5% to 44,458.

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