Ahead of Market: 10 things that will decide D-Street action on Friday

Indian shares closed higher on Thursday, relying on strong earnings and sustained buying by foreign investors to overcome US Fed Chair Powell's inflation concerns. The Nifty50 ended the session 0.92% higher at 18,255.80 and the S&P BSE Sensex gained 0.91% to 61,749.25. The market's bullish momentum was driven by sector-wide gains and both indexes recorded four-month highs. Vinod Nair from Geojit Financial Services and Nagaraj Shetti from HDFC Securities both commented on the outlook of the Nifty50 with a sharp upside of around 186,000, contingent on resistance zones of 18,200-18,300.

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