BSE Sensex gained 166.07 points to close at 52,484.67, while the Nifty50 rose 42.20 points to 15,722.20.
According to pivot charts, the key support levels for the Nifty are placed at 15,659.37, followed by 15,596.53.
The United Arab Emirates on July 4 criticised the current oil output deal among OPEC+ alliance members as unjust, escalating a row that could derail the energy market’s post-pandemic recovery.
Zomato, backed by China’s Ant Group, filed for the IPO in April and is said to be looking to raise up to $1.2 billion.
According to the DRHP filed by Zomato, the company will offer equity shares aggregating up to Rs 8,250 crore .
Investment advisers cannot manage funds as well as securities on behalf of their clients and should not contemplate about asking power of attorney in this regard, markets regulator SEBI has said.
The country’s foreign exchange reserves surged by $5.066 billion to touch a record high of $608.999 billion in the week ended June 25, 2021, RBI data showed.
In an encouraging burst of hiring, America’s employers added 850,000 jobs in June, well above the average of the previous three months and a sign that companies may be having an easier time finding enough workers to fill open jobs.
The unemployment rate rose from 5.8 percent in May to 5.9 percent in June, the report showed.
Experts expect the counter to list with a double-digit premium over its issue price given the strong response to its IPO as well as general bullishness around the sector.