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The Nifty Pharma index was trading 0.35 per cent up at 15325.7.

Meanwhile, Worldwide Emerging Market Holding, part of the promoter group, offloaded a 1.2% stake. Another promoter entity Afro Asia Trade and Investments sold its entire stake in the deal. The promoter group entities together sold about 8.1% stake in Adani Power, bulk deals data further showed.

A total of 192 shares changed hands on the counter till 11:07AM (IST).

​We have not done anything extraordinary except that we have held on to the governance, we have held on to the compliances, and of course along with a very robust business plan which is not aggressive and yet it is not a conservative plan.

The Murugappa family has reached a Memorandum of Understanding to settle their disputes and differences following the demise of M V Murugappan. Terms of the arrangement remain confidential. The family members’ representatives have said that the agreement ensures all issues will be settled and harmony in the family will continue in future generations.

A total of 8,638 shares changed hands on the counter till time (IST).

Dollar witnessed its longest winning streak in the last 15 months following safe haven buying on the back of uncertainty in China and better-than-expected economic numbers from the US, said Gaurang Somaiya, forex and bullion analyst, Motilal Oswal Financial services.

On the technical charts, the 200-day moving average of the stock stood at Rs 2783.7.

Titan already had 71% stake in CaratLane. So, technically, CaratLane was a subsidiary of Titan. Now, as was expected, Titan gradually had intention to increase the stake to, say, 100% and make it a fully owned subsidiary.

The stock quoted a 52-week high of Rs 2444.75 and a 52-week low of Rs 1660.65.