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Bullish Flag like formation and price sustaining above the 20 days EMA and outperformance in weak markets.

However, we believe one more year of high fiscal deficit (not exceeding current levels) will do no harm to our global ratings and support the economy which still needs hand-holding from the government for some more time.

Kajaria Ceramics, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 16550.63 Crore) operating in Building Materials sector.

A total of 7,644 shares changed hands on the counter till 01:43PM (IST)

There are three primary sources for obtaining this funding. Banks contribute roughly INR5 trillion, the RBI provides support of INR6 trillion, and other sources contribute INR7 trillion. All scheduled commercial banks are mandated to invest a portion of their deposits, known as the Statutory Liquidity Ratio (SLR), in Government securities. As depositors put money into banks, a portion of these deposits are utilized as lending to the government.

Bajaj Finance on Friday reported a 40% YoY rise in consolidated net profit for the quarter ended December to Rs 2,973 crore. >> For more such web stories click on the ET icon below

The stock quoted a 52-week high price of Rs 115.63 and a 52-week low of Rs 83.0.

“One must understand that housing loans are for 13 years or 15 years and over that period of time, rates will go up and come down. It does not make too much economic difference whether you take a loan at the time when rates are higher or low because if they are high now they will come down, if they are low today they will go up at some point in time."

Though we recommend no major changes in the provisions for the next year, if the FM wants to bring in some changes, she should primarily concentrate on how to boost consumption and how to bring the cost of capital down, so that more investible resources can be created from the private sector.

The Relative Strength Index of the stock stood at 37.0 on Monday.