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In the first 13 trading days of the year compared to the same period last year, equity funds have seen $52 billion of inflows compared to a similar amount last year while bond and credit funds have seen tiny outflows after heavy inflows, according to BofA using EPFR data.

The stock hit a lifetime low of Rs 952, down about 4 per cent. It is now down 56 per cent from its IPO price of Rs 2,150

Its revenue from operations was up 33.82 per cent at Rs 958.11 crore during the period under review as against Rs 715.97 crore in the corresponding quarter of the previous fiscal.

The Nikkei lost 2.1% for the week, its biggest in seven weeks, while the Topix fell 2.5% in its worst week in eight.

Shares of ITC are down 16 per cent from October 2021 highs, Godfrey Phillips India is down 17.5 per cent while VST Industries is down 16 per cent from recent high.

Miners plunged 3.8%, closing the week lower after eight straight weeks of gains. The drop came after the vast mining state of Western Australia cancelled plans to reopen its borders on Feb. 5, citing risks from the Omicron COVID-19 variant.

On Friday, the scrip fell another 6 per cent to slip to Rs 116.75, which is in the touching distance of listing price of Rs 115 on NSE.

The widening of the consolidated loss in the December quarter was "due to non-operation of Nashik Thermal Power Plant (Sinnar Thermal Power Ltd). That exposure has no bearing on parent RattanIndia Power Ltd," a company spokesperson said.

“The flow based rally seems to be stopping for now and all will depend on how the inflation is getting under control and how US yields react from here on.”

While Nifty50 does see volatility on Budget days, the 10-year average Nifty50 return for the day is a mere 0.1 per cent