The GIFTY Nifty futures were trading in the red during the early hours before the opening of the markets on Thursday. Domestic Indices are expected to open negative in line with the GIFT Nifty futures tracking sharp losses in the global markets. 

The benchmark equity indices, NSE Nifty 50 and S&P BSE Sensex closed higher after rebounding from the day’s low on Wednesday amid a mixed trend in global markets. The  Nifty50 gained 30 points 0.16% to close at 19,465 points, while the Sensex added 0.21% or 137.5 points to settle at 65,539.42 points.

Take a look at the top stocks to watch today. 

Adani Power: The Adani Group company witnessed multiple block deals on Wednesday. Australia-based investment firm GQG Partners acquired 15.2 crore shares in the company through block deals by two of its funds at a price of Rs 279.15 per share. Afro Asia Trade and Investments and Worldwide Emerging Market Holding sold 26.5 crore shares and 4.6 crore shares, respectively, at Rs 279.18 per share. 

Lupin: The pharma company launched Tiotropium Bromide Inhalation Powder, 18 mcg/capsule, for treating chronic obstructive pulmonary disease (COPD) in the US. The estimated annual sales of the drug is $1,264 million or Rs 10,364 crore in the US. 

Cipla: The Konkan division of the US Foods and Drugs Administration (FDA) suspended the license issued to Cipla’s Patalganga manufacturing unit for 10 days in December 2023 for non-conformance of good manufacturing practices under the Drugs and Cosmetics Act 1940.

Religare Enterprises: Dabur Group’s Burman Family acquired a 7.5% stake in the firm via open market transactions for Rs 534 crore. They already own a 14% stake in Religare. The share also witnessed other block deals. Investment Opportunities V PTE. Ltd. sold 2.45 crore shares at Rs 217.95 per share for a total consideration of Rs 533.9 crore. M.B. Finmart, VIC Enterprises and Puran Associates bought 81.6 lakh shares each at Rs 217.95 per share.

JSW Energy: JSW Energy’s promoter entity, JSW Investments, offloaded 2.1 crore shares or a 1.27% stake in the company via open market transactions on Wednesday for Rs 717 crore. GQG Partners acquired a 0.6% stake or 1.02 crore shares of JSW Energy at Rs 341.70 per share for Rs 351 crore. AustralianSuper, Washington State Investment Board and Reliance Trust Institutional Retirement Trust Series Twelve were among the other buyers.