In which direction does buoyant force on an object immersed in a liquid act?

According to Archimedes' principle, when a body is submerged in a fluid partially or fully, it experiences an upward force due to the displaced liquid.
This upward force is called an upthrust or buoyant force and it is exerted in the upward direction. This force makes it possible for a body to float on a fluid.

We can experience this upward force while trying to push a hollow ball inside water.