Market Update
Key domestic indices ended the volatile trading session with modest gains on Friday. The market sentiment was upbeat amid positive global cues. The Nifty pared gains after hitting a record high of 12,311.20 in early afternoon trade.At close, the Sensex was up 147.37 points or 0.36% at 41599.72, while Nifty was up 40.60 points or 0.33% at 12256.50. All the sectoral indices ended higher led by the metal, IT, realty, auto, FMCG, infra and pharma.Global Markets
South Korea’s Samsung Group, whose leader faces trials over a bribery scandal involving former president Park Geun-hye has appointed external experts to a new oversight panel to stamp out criminal conduct. European shares firmed on Friday as relief over a de-escalation in U.S-Iran military tensions continued to bolster global equities. The pan-European STOXX 600 Index (STOXX) rose 0.3%.

Nifty Chart

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Nifty Outlook

Nifty50 closed higher at 12256.80  level, +40.90  points, or 0.33  per cent. Nifty Support : 12200 and 12160  Resistance : 12300 and 12350.