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Pi Network has launched its Open Mainnet after a two-year delay, enabling external blockchain connectivity and listing Pi Coin on major exchanges like OKX and Bitget. Market reactions have been mixed, with volatile trading prices and anticipation for broader adoption and future growth.

Pi Coin s price has doubled in recent weeks, nearing the $100 mark. Analysts suggest breaking this psychological resistance with strong volume could push it to $120-$150 or higher. However, failure to break through may lead to a drop to $40-$50, presenting a potential accumulation phase before another upward move, according to Fortune India.

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​In fact, Bank Nifty has not really broken the previous month s lows, so in fact it has held higher as compared to Nifty in the last few trading sessions.

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Nuvama maintained its target price of Rs 1,140 per share, indicating a 25% upside despite Just Dial’s recent growth challenges. The brokerage emphasized that the company’s core business remains attractively valued, especially when adjusted for its cash reserves of Rs 5,060 crore as of December 2024, which accounts for nearly 72% of its total market capitalization.

The majority of the capital expenditure will be driven by Adani Enterprises, the flagship incubator managing assets such as airports and green hydrogen. Key contributors to this include Adani Green Energy (renewable energy), Adani Energy Solutions (transmission and distribution), and Adani Ports & SEZ (ports and logistics).

Bajaj Finance leads in absolute market capitalization growth, adding Rs 1.02 lakh crore this year, while SBI Cards and Payment Services takes the top spot in percentage terms with a 30% rise. Bajaj Finance’s m-cap grew by 24%, while SBI Card’s 30% increase added Rs 19,127 crore. Maruti Suzuki India and Bajaj Finserv outpaced SBI Card in absolute growth, with their market caps rising by Rs 60,346 crore (18%) and Rs 51,955 crore (21%), respectively, though they trailed in percentage gains.

PI Coin Listing Today: Pi Network s Open Mainnet is set to launch on Thursday, opening the door for external transactions and potentially listing Pi Coin on major exchanges like Binance and OKX. This development has already driven Pi Coin s price up and may lead to further increases if exchange support is confirmed.

The Nifty Auto index was trading 0.97 per cent up at 22020.5.

So, you keep everything aside, keep what is happening in US, keep everything happening in China, if our earnings had held up, we could have dealt with all of this. The reality of life is our earnings are not yet holding up and therefore, one has to go through this period of readjustment.

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