Nifty has closed at 5262 higher by 142 points for the week led by Reliance stocks – RELCAP, RCOM, RPOWER rose more than 6% each while DLF, LT, STERLITE, INFOSYS were other gainers. BPCL, BHARTI AIRTEL, AXIS BANK were top losers from Nifty.
Advance Tax collections for Q1 have been healthy – RIL has paid Rs 653 crore, an increase of 108%, the banking sector was a mixed bag during the quarter as SBI
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