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According to Telecom Regulatory Authority of India‘s (TRAI) performance data for the quarter, Jio’s AGR increased by 3.50% to Rs 18467.47 crore, Airtel’s upped by 7.56% to Rs 14730.85 crore when compared sequentially. Vi’s AGR registered an increase of 1.59% to Rs 6337.58 crore for the same period.

The share of the domestic mutual funds in the total institutional equity portfolio value reached a multi-year high of 17% at the end of December 2021, the data from the NSDL show.

In the international market, gold was trading lower at $1,794 per ounce and silver was flat at $22.28 per ounce.

This is a good time for this government to set in policies which will help it get re-elected. Bagga expects an expansionary budget which might be welcomed by markets

At the interbank forex market, the local unit opened strong at 74.15 against the greenback and witnessed an intra-day high of 74.03 and a low of 74.21. It finally settled at 74.03, a rise of 31 paise over its previous close.

"Markets are showing tremendous resilience amid the rising COVID cases and the focus would now shift to the earnings season," said Ajit Mishra, VP - Research, Religare Broking.

"We have not added any new-age listed companies to our portfolio. Zomato we had added a few months back, but we immediately moved out also after a few months. So we are on the sidelines and are looking for how to adjust and try to understand the valuations."

The Nifty IT index closed 0.19 per cent up at 38212.2.

The value of loans disbursed through our platform during the quarter was Rs 2,180 crore, an increase of 365 per cent YoY, the company said in an exchange filing.

Macquarie was the first ever broker to come out with a coverage report on Paytm, but its price target of Rs 1,200 set the tone for the stock on the debut day itself