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An investor can choose to invest in a bond type considering his/her financial goals, credit rating, coupon payment, bond features, and other essentials. Also Read: What are Bonds - Meaning, Types, Benefits & How to Invest Below are the most common bond types: • Fixed-rate bonds Fixed-rate bonds are the bond type that pays a bondholder a fixed amount of interest until the maturity of the bond.

The legal cigarette industry has been severely impacted by smuggled and tax-avoided products over the years and a relatively stable tax regime is expected to enable the industry to claw back volumes over time, it said.

A slew of upbeat U.S. corporate earnings reports overnight also aided global investor sentiment.In Europe, however, chipmaker ASML Holding slid 4.2% as signs of a slowdown in consumer markets saw investors look past a profit rise from record new bookings.

The Nikkei share average jumped 2.67% to 27,680.26 in its biggest daily gain since May 13. The index rose for the fifth session in a row and posted its highest close since June 10. The broader Topix advanced 2.29% to 1,946.44.U.S. stocks closed sharply higher on Tuesday as more companies joined big banks in reporting earnings that beat forecasts, offering respite to investors worried about higher inflation and a tightening Fed denting the corporate bottomline.

“Earnings expectations over the next two years are quite reasonable. For Nifty, 15% over the next two years is certainly achievable. Now to fine tune that and to figure out whether we will get it right in the short term or not is a little bit harder. But over a two-year period, a 15% CAGR is not at all in order for an economy which is also growing sort of 12-13% in nominal terms.”

This came after the government reduced the windfall tax on diesel and aviation fuel shipments by Rs 2 a litre and scrapped completely a Rs 6-per litre levy on gasoline exports. The government also cut the tax on domestically produced crude by 27 per cent to Rs 17,000 per tonne, Bloomberg reported.

The stock quoted a 52-week high price of Rs 2749.0 and a 52-week low of Rs 1919.5.

A total of 726,961 shares changed hands on the counter till 12:28PM (IST).

With this, the shareholding of FPIs in the company has gone up from 4.42 per cent to 5.45 per cent. The number of shareholders as mutual funds also went up from just 3 to 19, taking the number of shares held by them to 74,02,309 from 68,19,790.

As of 31-Mar-2022, promoters held 63.99 per cent stake in the company, while FIIs held 16.07 per cent and domestic institutional investors had 1.83 per cent.