According to pivot charts, the key support levels for the Nifty are placed at 14,642.9, followed by 14,561.
The Dow Jones Industrial Average closed at a record high on Thursday, bolstered by an upbeat weekly jobless claims report, while vaccine makers dipped after U.S.
The Indian pharma industry welcomed the decision by the US government to support the temporary waiver of Trade-Related Aspects of Intellectual Property Rights on Covid-19 vaccines.
Three stocks – BHEL, Sun TV Network and Tata Chemicals – are under the F&O ban for May 7.