Gains in consumer goods and financials stocks helped India’s blue-chip stock indices rally strongly on Friday after government export duties on petroleum products triggered a slide in energy majors Reliance Industries and ONGC.

Dear Trader… Indian equity benchmarks erased most of their losses to end slightly lower on Friday. Key gauges made a negative start and extended the fall in morning trading as traders were concerned with the latest public debt management report showing total government liabilities rose 3.74% to Rs 133.22 lakh crore in the March quarter, compared to Rs 128.41 lakh crore in the three months ending December 2021. Some

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Nikhil Bhatt is an Individual Research Analyst registered with SEBI under the SEBI (Research Analysts) Regulations, 2014 is an Entrepreneur, Global Thought Leader with a good understanding of the trend of BSE, NSE, financial industry segments and investment trends. According to Nikhil Bhatt, “Our mission is to spread financial awareness and improve financial literacy in a concise, simple and easy to understand way. Backed by scientific research, ethical principles and reliable data, our publications benefit and guide the Indian financial/non-financial community like traders, managers, investors, traders and readers.We seek to make investment decisions more objective and mature”.

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