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Ahead of US jobs data and related concerns of traders and investors for further possible interest rate hikes, benchmark equity indices closed marginally higher on Friday, led by the auto and banking stocks.

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Dear Trader… The 30-share BSE benchmark Sensex rose 118 points or 0.19% to settle at 62,547. The broader NSE Nifty surged 46 points or 0.25% to end at 18,534.From the Sensex pack, Tata Steel, Maruti, M&M, Sun Pharma, L&T, and Bharti Airtel closed higher, while Infosys, Wipro, HCL Tech, TCS,

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Nikhil Bhatt is a SEBI registered individual Research Analyst under the SEBI (Research Analysts) Regulations, 2014 is an entrepreneur, global thought leader with a sound understanding 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 manner. Backed by scientific research, ethical principles and reliable data, our publications benefit and guide the Indian financial / non financial community like merchants, managers, investors, traders and readers. We seek to make investment decisions more objective and mature”.