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The Nifty Pharma index closed 1.3 per cent down at 17532.55.

Following the report, all the Group’s stocks plummeted resulting in halving the market value of 10 Adani stocks to Rs 9.3 lakh crore in 10 days. Now, 3 out of 10 Adani stocks have recovered all their losses from the Hindenburg blow.

Jan 25, 2024 -European stock markets dropped at the start of trading Thursday as investors awaited an update on the outlook for eurozone interest rates.

The stock quoted a 52-week high price of Rs 804.2 and a 52-week low of Rs 412.0.

​ IRFC shares, Bharti Airtel shares, largecap stocks, largecaps, Nifty stocks

Net premium income for the third quarter increased 16% year-on-year (YoY) to Rs 22,316 crore. The growth in individual new business premium by 17% to Rs 17,760 crore in the nine months of fiscal 2024. NBP rose 21% to Rs 26,000 crore in the nine months ended December, aided by growth in individual annuity business by 35%.

Docmode Health Technologies IPO was entirely a fresh issue of up to 8.49 lakh equity shares aggregating up to Rs 6.7 crore. The company has fixed a price band of Rs 79 apiece, and investors can bid for 1,600 shares in one lot.

​ State-owned Punjab National Bank (PNB) on Thursday posted an over three-fold increase in its profit to Rs 2,223 crore for the third quarter ended December 2023. The bank had earned a net profit of Rs 629 crore in the same quarter a year ago.

As of January 24, there was a notable surge in futures open interest for five stocks in the Nifty50 index, contributing to a total increase in open interest of over 12% as compared to the previous trade.

Kenneth Andrade believes that metal converters and Indian companies in the steel industry are a good bet. The balance sheets of these businesses have improved, with increased cash generation and capacity expansion. The key factor for success is the rise in steel prices, which would lead to a recovery in profitability. Additionally, Andrade mentions the growth potential in the premium liquor segment due to per capita rise in income and the trend of premiumization.