Due to purchasing in metal, bank, and financial companies on Friday despite strength in international markets, the local stock market increased for the second day in a row. An improved mood was also aided by a stronger rupee and declining crude oil prices on the international market. To settle at 57,989.90, the Sensex increased 355.06 points. The Nifty increased by 114.45 points to end the day at 17,100.05. The capital of companies listed on BSE increased by ₹1.47 lakh crore to reach ₹257.52 lakh crore.

On Friday, the price of gold in the bullion market increased by ₹400 on the international market to reach ₹ 58,040 per 10 kilos. The price of silver, however, dropped by ₹430 to ₹67,600 per kg. According to experts, investors bought gold as a secure investment as a result of the European Central Bank’s hiking interest rates and the ongoing financial crisis. Due to this, gold prices rose on the Comex during Friday’s Asian trading hours, and the spot price of gold in Delhi’s market rose by ₹400. In the global market, gold increased strongly to $1,928 per ounce. The price of silver was $21.87 per ounce.

LTP CALCULATOR ANTICIPATION FOR THE NEXT WEEKLY RANGE OF NIFTY 

Investors should be informed of these variables as the LTP Calculator Option Chain shows that the NIFTY’s next weekly range Resistance and Support are, respectively, 17,280 and 16,691.