CLOSING BELL: Public sector banks were the only losers with the Nifty PSB index down 1.2 per cent

stock market broker

<b>CLOSING BELL<br />
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Stock market highlights:&nbsp;</b>Benchmark indices settled near the day&#39;s high on Friday as investors lapped up metal and IT shares, along with index heavyweights like Reliance Industries, HDFC twins, Sun Pharma, and Bajaj Finance.<br />
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	The S&P BSE Sensex soared 712 points, or 1.25 per cent, to end at 57,570, while the Nifty50 shut shop at 17,158, up 229 points or 1.35 per cent. In the broader market, the BSE MidCap and SmallCap indices, too, added over 1 per cent each.<br />
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	Sectorally, the Nifty Metal index climbed 4 per cent, followed by the Nifty IT index (2 per cent). Public sector banks were the only losers with the Nifty PSB index down 1.2 per cent.</div>
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	<strong>Global markets</strong></div>
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	European markets advanced on Friday as investors digested a fresh swathe of corporate earnings and awaited key economic data out of the euro zone. The pan-European Stoxx 600 climbed 0.8 per cent by mid-morning, with construction and material stocks adding 2.4 per cent.</div>
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	On Wall Street, Nasdaq Futures were up over 1 per cent, while Dow Jones and S&P Futures added up to 0.7 per cent.</div>
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STOCK MARKET LIVE: Nifty, Sensex, BSE, NSE, Q1 results, DRL, Sun Pharma, Cipla

Business Standard

STOCK MARKET LIVE: Nifty, Sensex, BSE, NSE, Q1 results, DRL, Sun Pharma, Cipla | News on Markets - Business Standard

Broader markets firm; India Vix slips in red

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Opening bell: Only 2 Sensex counters open in negative zone

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Opening bell: Nifty50 opens above 17,000 levels

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Opening bell: Sensex surges over 500 points

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Pre-open session: Only 3 out of 30 Sensex counters slip in red

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Pre-open session: Sensex surges over 350 points

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Pre-open session: Nifty50 advances above 17,000 levels

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CURRENCY ALERT: Rupee appreciates 23 paise to open at 79.53/$

Stocks to Watch today: HDFC, Sun Pharma, Dr Reddy's, STFC, TVS Motor, SpiceJet

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	Stocks to watch today: HDFC, Sun Pharma, and Cipla will report their June quarter results on Friday, July 29; Dr Reddy&#39;s saw 108 per cent YoY rise in consolidated net profit to Rs 1,187.6 crore in Q1.<a href="https://www.business-standard.com/article/markets/stocks-to-watch-hdfc-sun-pharma-dr-reddys-stfc-tvs-motor-spicejet-q1-results-yes-bank-indian-oil-dlf-122072900134_1.html" target="_blank"><strong>Read here</strong><br />
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	<img alt="Traders, brokers, markets, stocks, shares, investments, funds" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-02/25/full/1614196468-1344.jpg?im=Resize,width=640" /></a></div>

F&O Strategy: Nandish Shah recommends a Bull Spread on Infy for Aug expiry

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	The technical analyst from HDFC Securities recommends buying Infosys 1520 Call and simultaneously selling 1580 Call of the August expiry. <a href="https://www.business-standard.com/article/markets/f-o-strategy-nandish-shah-recommends-a-bull-spread-on-infy-for-aug-expiry-122072900135_1.html" target="_blank"><strong>Read more</strong><br />
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	<img alt="The attrition rate at Infosys touched a record high of 27.7 per cent in the fourth quarter of FY22 on an LTM (last twelve months) basis, the company revealed" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-04/13/full/1649873871-5587.jpg?im=Resize,width=640" /></a></div>

Gold rate up Rs 700 per 10 gm today, silver price rise by Rs 1,900 a kg

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	Ten gram of 24-carat gold is trading at Rs 51,380 today. <a href="https://www.business-standard.com/article/markets/gold-rate-up-rs-700-per-10-gm-today-silver-price-rise-by-rs-1-900-a-kg-122072900153_1.html?1659064969" target="_blank"><strong>Read here</strong><br />
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	<img alt="silver" src="https://bsmedia.business-standard.com/_media/bs/img/article/2020-05/30/full/1590846278-6871.png?im=Resize,width=640" /></a></div>

ALERT :: JMC Project bags new orders worth Rs 631 cr for B&F projects in India

WATCH: When will FIIs return to Indian shores?

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	Equity markets rallied on Thursday. Now after pulling out over $30 bn from the equities since Oct 2021, FIIs may be prepping to come back to Indian shores. Find out what all is luring them back. <a href="https://youtu.be/faLuqjjE_8k" rel="nofollow" target="_blank"><strong>WATCH</strong><br />
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	<img alt="And the March outflows were the most severe since March 2020 after the pandemic hit the world." src="https://bsmedia.business-standard.com/_media/bs/img/article/2015-11/02/full/1446411974-0994.jpg?im=Resize,width=640" /></a></div>

ALERT :: Kalpataru Power receives new orders worth Rs 1,211 crore

&gt;&gt; The details are as follows:
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	&bull; Order for Metro Rail Electrification in India (Secured in joint venture / consortium)</div>
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	&bull; Composite Railway Project in India (Secured in joint venture / consortium)</div>
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	&bull; Orders in India and overseas market in the T&amp;D business</div>

Sensex rises 712 pts, Nifty tops 17,150; Tata Steel rallies 7%, HDFC 2%