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On the technical charts, the 200-day moving average of the stock stood at Rs 1291.21.

Ujjivan Small Finance Bank, incorporated in the year 2016, is a banking company (having a market cap of Rs 5687.61 Crore).

A total of 1,365 shares changed hands on the counter till 11:07AM (IST).

Reuters calculations show that interest payments of a total of around $24 million were due on Feb. 2 on three bonds issued by Adani Ports and Special Economic Zone due to mature in 2031, 2032 and 2041.

The Adani Group has shed $108 billion in market value since Hindenburg Research accused it of stock manipulation and accounting fraud in a Jan. 24 report. But it was only when the tycoon scrapped a $2.4 billion share sale this week that the potential for lasting impact became clear. Adani’s rebuttal had failed to reassure investors. Once ranked No. 2 among the world’s wealthiest, he has tumbled to No. 21 on the Bloomberg Billionaires Index.

Amazon said it earned $300 million, or 3 cents per share, in the October-December quarter. Industry analysts were expecting the Seattle-based company to earn 17 cents a share, according to FactSet.

Overnight, markets sensed the end of the massive global tightening cycle, after policymakers in Britain and Europe signalled their intention to pause, sending local bonds rallying and currencies lower.

Stocks that were in focus include names like ITC which was up nearly 5%, KPIT Technologies which gained nearly 6%, and Jindal Saw which closed with gains of over 7% to hit a fresh 52-week high on Thursday.

Infosys, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 662971.50 Crore) operating in IT Software sector.

"Insrance companies will get a hit from Budget moves. Most of the companies have come out and said that the hit on them might be marginal but some of the insurance brokers I talked to, were quite negative on this move because a lot of money in high value gets deployed in insurance for taxation benefit purposes. Growth could slow down in the near term."