Chola Inv Finance shares rise 1.61 per cent in Thursday's trading session

Stock market update: Nifty Pharma index falls 0.23% in an upbeat market SME IPO shocker: Two-showroom bike dealer got 400x subscription but lists flat

Chola Inv Finance shares rose 1.61 per cent in Thursday's trading session and closed at Rs 722.15 on BSE. The stock opened at Rs 710.1 and touched an intraday high and low of Rs 725.9 and Rs 705, respectively.

The Nifty Pharma index fell 0.23 per cent in an upbeat market on Thursday. The index closed at 14,244.15 as against the previous close of 14,272.85.

In the broader market, the BSE Small-cap index rose 0.05 per cent and the Mid-cap index advanced 0.23 per cent.

On the NSE, the Nifty Pharma index fell 0.23 per cent to close at 3,925.25.

Among the stocks in the Nifty Pharma index, Divis Labs rose 1.24 per cent, Cipla advanced 0.88 per cent and Dr Reddy's Labs gained 0.74 per cent.

On the other hand, Sun Pharma fell 0.84 per cent, Biocon dropped 0.78 per cent and Torrent Pharma slipped 0.48 per cent.

The Nifty Pharma index has risen 32.6 per cent so far in 2024, outperforming the Nifty 50 index, which has gained 19.2 per cent during the same period.

However, the index is still trading below its all-time high of 15,484.75, which was hit on January 17, 2023.