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For the Nifty, the short term outlook looks positive, say analysts. The index is likely to face a hurdle at 19,500 on the higher side and then at 19,650. On the lower side, support is at 19,300-19,250
Cholamandalam Financial Holdings, where MFs held 25.72 per cent stake, has jumped 78 per cent to Rs 984.40 level on Thursday against December 30 2022's closing price of Rs 551.05.
The Nifty Pharma index was trading 0.52 per cent up at 15199.1.
The Nifty Pharma index closed 0.27 per cent down at 15121.1.
The Nifty Pharma index was trading 0.03 per cent up at 15165.95.