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The 50-stock Nifty settled above the 19500-mark at 19525.55 points, up 100.20 points or 0.5% from the previous session. The 30-stock Sensex gained about 355 points or 0.5% to settle at 65259.45 points. While all the sectoral indices ended in the green on the BSE, those topping the list were smallcaps and indices representing PSU companies.

NMDC stock is exhibiting a strong uptrend, forming higher highs and higher lows on the daily chart. Currently trading above key moving averages, the Relative Strength Index (RSI) shows a bullish crossover

“Overall, the tussle between the bulls and the bears’ camp appears to be balanced at the present with bulls marginally having an upper hand”

Sectorally, buying on Friday was seen in power, utilities, public sector, and metal stocks while selling was seen in auto, consumer durables, IT, and oil & gas.

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Oil and Natural Gas Corporation reported a 65% growth in consolidated net profit to Rs 13,734 crore. Revenue from operations, however, dropped by 13% to Rs 1.47 lakh crore

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