Share Market LIVE: Sensex sits in green, Nifty crosses 15800 again; Tata Steel up 4.2%, RIL falls …

On the closing bell, S&P BSE Sensex was at 52,925 while the 50-stock NSE Nifty ended the day’s trade at 15,860, just shy of its intra-day highs.

S&P BSE Sensex gained 226 points to close at 52,925 while the 50-stock NSE Nifty jumped 69 points and ended at 15,860.

Infosys share price surged to a new record high level, rising 1.6 per cent to Rs 1,575 apiece in intraday deals on BSE, as the IT firm began a Rs 9,200-crore buyback on Friday.

Given the variety of available investment options, an investor’s task becomes even more difficult to choose the most suitable one.

Bank Nifty was up with gains on Friday afternoon.

As the US economy unlocks and the vaccinated population continues to grow, a large number of companies from across the globe are eying listing their stocks on Wall Street, adding to the already 550 initial public offerings seen by investors.

Nifty looks set to hit fresh all-time highs and cross the 16,000 levels in July series, while Bank Nifty may rally, if it crosses 36,000 levels, say analysts.

The hospital business posted good recovery , which comprises the backend pharmacy business, Apollo medicals, associate brands, and Apollo 24/7 platform.

Strong support lies at 15400 and until that does not break, any corrective wave can be utilized to accumulate long positions,” said Manish Hathiramani, proprietary index trader and technical analyst, Deen Dayal Investments.

Reliance Industries share price has slumped more than 5% since yesterday morning, despite Mukesh Ambani’s ambitious new energy plans that will see the company invest Rs 75,000 crore over the next three years.

Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices were trading flat in India on Friday, as yellow metal rates remained steady ahead of US inflation data.

RIL’s vision to make clean energy a truly global business is good news not only for the planet but for shareholders too,” said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

“Benchmark indices is expected to open muted as trends on SGX Nifty indicate a flat opening for the index in India with a 10 points gain.

Nifty finds support around 15,703 while 15895 will act as resistance on the upside.

BSE Sensex and Nifty 50 were set to open on a cautious note on Friday, as suggested trends on SGX Nifty in early trade.

Nifty needs to cross multiple hurdles in the range of 15,800-15,900 and Bank Nifty needs to cross 35,400 for any meaningful upside.

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: The price of Petrol and Diesel was left unchanged on Friday by oil marketing companies.

“The near term uptrend status remains intact for the Nifty, which is moving in a broader high low range of 15900-15500 levels.

Sticking to its plan to achieve net-zero carbon status earlier than its global peers by 2035, Reliance Industries  on Thursday unveiled a mega plan for green and clean energy business.

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