Meanwhile, CP rates have increased by up to 50 basis points since the second-third weeks of July, amid a higher supply of papers coupled with expectations of more rate hikes by the central bank.
Ajay Singh, one of the promoters and MD of SpiceJet, on Thursday divested nearly 1 per cent stake in the budget airline for Rs 52
The mutual fund SIP stoppage ratio rose to 122.76% in February, up from 109.15% in January, as more investors discontinued SIPs than started new ones.
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