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A total of 13,310 shares changed hands on the counter till 01:29PM (IST)

"We expect gross market borrowing of around 12 trillion rupees and a fiscal deficit of around 6.3-6.5% for next year," said Suyash Choudhary, head of fixed income at IDFC Asset Management Company.

Promoters held 51.55 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 17.65 per cent and 18.31 per cent, respectively.

Although the second wave of the pandemic in April-June 2021 was more severe from a health perspective, the economic impact was muted compared to the national lockdown of the previous year, the survey said

“Legacy accounts have been dealt with and are behind , operating profit has more than doubled.”

In order to channelize long-term savings of retail investors, mutual funds should be allowed to launch pension-oriented MF schemes similar to 401(k) plan, which is a retirement savings plan offered by American employers that has tax advantages to the saver.

The total revenue from operations came in at Rs 9,863.06 crore, up 11.61 per cent against Rs 8,836.78 crore in the corresponding quarter last year.

Chipmakers, Sony and start-up investor SoftBank Group helped lift the benchmark index following a strong performance by their Wall Street peers at the end of last week.

The stock quoted a 52-week high price of Rs 1147.9 and a 52-week low of Rs 659.2.

The S&P/ASX 200 index closed 0.24% lower at 6,971.6, after losing as much as 0.8% earlier in the session. The benchmark ended 2.2% higher on Friday.