Domestic stock markets closed in the green on the week’s final trading day, Friday, amid positive signals from global markets. In today’s trading, the Sensex rose 298 points. The Nifty also gained 73 points at the same time. At the close of trading, the Nifty was at 18,203.40.

The Sensex, the BSE’s 30-share standard index, closed at 61,729.68 points, up 297.94 points, or 0.48 percent. During trading, the Sensex rose to a high of 61,784.61 before falling to 61,251.70. Similarly, the National Stock Exchange (NSE) Nifty rose 73.45 points or 0.41%. The Nifty closed the day at 18,203.40 points. During trading, the Nifty reached a high of 18,218.10 before falling to 18,060.40.

Today’s trade saw 22 Sensex stocks close in the green. The top five gainers on the Sensex were Tata Motors, Tech Mahindra, Infosys, HCL Tech, and Axis Bank. Tata Motors shares generated the highest profit. Its stock increased to 3.22%.

On the other hand, 8 Sensex shares closed in the red. The top five losers on the Sensex were NTPC, Asian Paints, Titan, Power Grid, and Tata Steel. The worst hit was NTPC shares. Its stock dropped by about 1.06 percent.

China’s online fast fashion company Shein is set to re-enter India nearly three years after it was banned, in collaboration with the country’s leading retailer Reliance Retail. This information was obtained from industry sources. Shein is one of the apps that the Ministry of Electronics and Information Technology banned in June 2020 as a result of border tensions with China.

LTP CALCULATOR ANTICIPATION FOR THE NEXT WEEKLY RANGE OF NIFTY 

The Nifty weekly range for the following week has been predicted by the LTP Calculator. Investors should be aware of these aspects since the LTP Calculator Option Chain indicates that the weekly range resistance for the Nifty is 18,312 and the weekly range support is 17,948.