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Shallow retracement, higher base at 100 days EMAand the rising demand joining October 2020 lows.

LIC Housing Finance, incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 20346.83 Crore) operating in NBFC sector.

“Smallcaps require a very long-term time horizon to make a good CAGR. Of course, there are phases when they actually do very well, but then also they fall significantly, and we have seen it historically also. So it is a very volatile category. The answer to volatility is time. ”

ITC said its proposed transaction with BAT for the next fiscal year would account for around 3.64% of the annual consolidated sales for the ongoing FY23. “This is a routine business transaction and shareholder approval is being sought in line with regulatory requirements on related-party transactions,” an ITC spokesperson told ET.

However, volume on U.S. exchanges was relatively light, with 9.5 billion shares traded, compared to an average of 11.9 billion shares over the previous 20 sessions. So far in this year, the S&P 500 has gained about 8%, and the index remains down about 14% from its record high close in January 2022.

The West Texas Intermediate (WTI) for March delivery rose 42 cents, or 0.53 per cent, to settle at $80.14 a barrel on the New York Mercantile Exchange. Brent crude for April delivery added 22 cents, or 0.25 per cent, to close at $86.61 a barrel on the London ICE Futures Exchange.

The yen dropped sharply last year to a 32-year low of 151.94 per dollar as U.S. rates rose and Japanese rates stayed near zero, but it has since recouped those losses as the Fed looks to pause its tightening while speculation increase that the BOJ will move away from its ultra-loose policy.

Analysts expect headline CPI to rise 0.5% in January, with the core number seen advancing to 0.4% from 0.3% the previous month, according to a Reuters poll. On an annual basis, CPI likely eased to 6.2%, from 6.5% in December.

The revenue from operations during the quarter under review stood at Rs 1,176 crore, registering an 8 per cent growth over Rs 1,091 crore delivered in the October-December period of 2021, it said.

Its total expenses soared to Rs 24,825.11 crore, compared to Rs 23,209.88 crore a year ago.