Among leading cities, Delhi added most number of rich Indians, followed by Mumbai and Bangalore, the report showed.

“Sensex at 100,000 points cannot be ruled out given that we couldn’t predict that 60,000 on the index will come so fast. Predicting markets is a futile exercise. The power of compounding has been working beautifully for many years and this is simple mathematics -- 12-13 per cent compounding each year.”

The IIFL Wealth Hurun India Rich List 2021, released on Thursday, showed as many as nine individuals on the list sourced their wealth from Alkem Laboratories. The number was eight for Asian Paints and seven for Pidilite Industries.

OKEx.com, the world’s second-largest cryptocurrency exchange, has announced a strategic partnership with Bitbns to simplify crypto investing for India-based traders.

“Soaring energy prices and some of the key raw materials prices may go up and that is going to cause problems for some of the Indian companies which use them as the key inputs.”

“The valuations are very attractive and therefore it is time to start looking at them but they are probably some time away before they can really do well,” says Chakri Lokapriya

As of 30-Jun-2021, promoters held 62.55 per cent stake in the company, while FIIs held 13.02 per cent and domestic institutional investors had 7.92 per cent.

The stock quoted a 52-week high of Rs 148.1 and a 52-week low of Rs 83.55.

Aditya Birla Sun Life AMC is ranked as the largest non-bank affiliated AMC in India and among the four largest AMCs in India by quarterly average assets under management.

A total of 293,901 shares changed hands on the counter till 01:56PM (IST).