Life Insurance Corporation of India (LIC) Chairperson Mangalam Ramasubramanian Kumar and Ashishkumar Chauhan, MD and CEO of Bombay Stock Exchange (BSE) hit the ceremonial gong during the company's IPO listing ceremony at the BSE in Mumbai, India, May 17, 2022. REUTERS/Niharika Kulkarni 

A security guard walks past logos of Life Insurance Corporation of India (LIC) and Bombay Stock Exchange (BSE) inside the BSE building in Mumbai, India, May 17, 2022. REUTERS/Niharika Kulkarni 

Life Insurance Corporation of India (LIC) Chairperson Mangalam Ramasubramanian Kumar poses with a bronze replica of the Charging Bull of Wall Street, after the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, May 17, 2022. REUTERS/Niharika Kulkarni 

Life Insurance Corporation of India (LIC) Chairperson Mangalam Ramasubramanian Kumar poses with a bronze replica of the Charging Bull of Wall Street, after the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, May 17, 2022. REUTERS/Niharika Kulkarni 

Life Insurance Corporation of India (LIC) Chairperson Mangalam Ramasubramanian Kumar and Tuhin Kanta Pandey, Secretary Department of Investment and Public Asset Management (DIPAM), pose with a bronze replica of the Charging Bull of Wall Street, after the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, May 17, 2022. REUTERS/Niharika Kulkarni 

Ashishkumar Chauhan, MD and CEO of Bombay Stock Exchange (BSE), Life Insurance Corporation of India (LIC) Chairperson Mangalam Ramasubramanian Kumar and Tuhin Kanta Pandey, Secretary Department of Investment and Public Asset Management (DIPAM), pose with a bronze replica of the Charging Bull of Wall Street, after the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, May 17, 2022. REUTERS/Niharika Kulkarni 

Life Insurance Corporation of India (LIC) Chairperson Mangalam Ramasubramanian Kumar poses with a bronze replica of the Charging Bull of Wall Street, after the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, May 17, 2022. REUTERS/Niharika Kulkarni 

Life Insurance Corporation of India (LIC) Chairperson Mangalam Ramasubramanian Kumar and Tuhin Kanta Pandey, Secretary Department of Investment and Public Asset Management (DIPAM), hit the ceremonial gong during the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, May 17, 2022. REUTERS/Niharika Kulkarni 

Life Insurance Corporation of India (LIC) Chairperson Mangalam Ramasubramanian Kumar delivers a speech during the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, May 17, 2022. REUTERS/Niharika Kulkarni 

Life Insurance Corporation of India (LIC) Chairperson Mangalam Ramasubramanian Kumar attends the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, May 17, 2022. REUTERS/Niharika Kulkarni 

Life Insurance Corporation of India (LIC) Chairperson Mangalam Ramasubramanian Kumar delivers a speech during the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, May 17, 2022. REUTERS/Niharika Kulkarni 

Life Insurance Corporation of India (LIC) Chairperson Mangalam Ramasubramanian Kumar and Ashishkumar Chauhan, MD and CEO of Bombay Stock Exchange (BSE) hit the ceremonial gong during the company's IPO listing ceremony at the BSE in Mumbai, India, May 17, 2022. REUTERS/Niharika Kulkarni 

Life Insurance Corporation of India (LIC) Chairperson Mangalam Ramasubramanian Kumar and Ashishkumar Chauhan, MD and CEO of Bombay Stock Exchange (BSE) hit the ceremonial gong during the company's IPO listing ceremony at the BSE in Mumbai, India, May 17, 2022. REUTERS/Niharika Kulkarni 

A man looks at a screen displaying budget news, on a facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, February 1, 2022. REUTERS/Francis Mascarenhas 

Paytm founder and CEO Vijay Shekhar Sharma drinks yogurt smoothie from a roadside stall after the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma drinks yogurt smoothie from a roadside stall after the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma reacts with his friends during the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma gestures as he poses with a bronze bronze replica of the Charging Bull of Wall Street after the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma gestures as he poses with a bronze replica of the Charging Bull of Wall Street, after the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma takes a selfie with Ashishkumar Chauhan, MD and CEO of Bombay Stock Exchange (BSE), as they pose with a bronze replica of the Charging Bull of Wall Street, after the company's IPO listing ceremony at the BSE in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma and Ashishkumar Chauhan, MD and CEO of Bombay Stock Exchange (BSE) gesture as they pose with a bronze replica of the Charging Bull of Wall Street, after the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma poses with a bronze replica of a bull after the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma poses with a bronze replica of a bull as Ashishkumar Chauhan, MD and CEO of Bombay Stock Exchange (BSE), looks on after the company's IPO listing ceremony at the BSE in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma delivers a speech during his company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma breaks down while delivering a speech during his company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm President and Group CFO Madhur Deora speaks with founder and CEO Vijay Shekhar Sharma during the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma reacts as he poses during the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma along with President and Group CFO Madhur Deora poses during the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma delivers a speech during his company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma receives a memento from Ashishkumar Chauhan, MD and CEO of Bombay Stock Exchange (BSE), during the company's IPO listing ceremony at the BSE in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma and his son Vivaan Sharma hit the ceremonial gong during the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma and his son Vivaan Sharma hit the ceremonial gong during the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma along with President and Group CFO Madhur Deora poses after ringing the ceremonial gong during the company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma poses during his company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

Paytm founder and CEO Vijay Shekhar Sharma breaks down while delivering a speech during his company's IPO listing ceremony at the Bombay Stock Exchange (BSE) in Mumbai, India, November 18, 2021. REUTERS/Niharika Kulkarni 

A general view of the Bombay Stock Exchange (BSE), after Sensex surpassed the 60,000 level for the first time, in Mumbai, India, September 24, 2021. REUTERS/Francis Mascarenhas 

A man celebrates outside the the Bombay Stock Exchange (BSE), after Sensex surpassed the 60,000 level for the first time, in Mumbai, India, September 24, 2021. REUTERS/Francis Mascarenhas 

People stand outside the Bombay Stock Exchange (BSE), after Sensex surpassed the 60,000 level for the first time, in Mumbai, India, September 24, 2021. REUTERS/Francis Mascarenhas 

A cake is seen outside the Bombay Stock Exchange (BSE) building, after Sensex surpassed the 50,000 level for the first time, in Mumbai, India, January 21, 2021. REUTERS/Francis Mascarenhas 

An employee of the Bombay Stock Exchange (BSE) poses for a picture inside the office premises, after Sensex surpassed the 50,000 level for the first time, in Mumbai, India, January 21, 2021. REUTERS/Francis Mascarenhas 

A general view of the Bombay Stock Exchange (BSE), after Sensex surpassed the 50,000 level for the first time, in Mumbai, India, January 21, 2021. REUTERS/Francis Mascarenhas 

A stockbroker and his family watch a terminal during a special "muhurat" trading session for Diwali, the Hindu festival of lights, at the Bombay Stock Exchange (BSE) in Mumbai, India, November 14, 2020. REUTERS/Francis Mascarenhas 

People walk past the Bombay Stock Exchange (BSE) building which was lit up during Diwali, the Hindu festival of lights, in Mumbai, India, November 14, 2020. REUTERS/Francis Mascarenhas 

A man walks past a screen showing U.S. election numbers inside the Bombay Stock Exchange (BSE) building in Mumbai, India, November 4, 2020. REUTERS/Francis Mascarenhas 

People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, November 4, 2020. REUTERS/Francis Mascarenhas 

Men look at a damaged signboard of the Bombay Stock Exchange (BSE) building after heavy rainfall in Mumbai, India, August 6, 2020. REUTERS/Francis Mascarenhas 

A security official scans a visitor with an infrared thermometer to check his temperature as a precautionary measure against coronavirus outside the Bombay Stock Exchange (BSE) in Mumbai, India March 16, 2020. REUTERS/Francis Mascarenhas 

A man wearing a protective mask walks past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 13, 2020. REUTERS/Francis Mascarenhas 

A man reacts as he looks at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, March 12, 2020. REUTERS/Francis Mascarenhas 

People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 9, 2020. REUTERS/Francis Mascarenhas 

A man walks past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 6, 2020. REUTERS/Francis Mascarenhas 

A man walks past a screen displaying news about market updates inside the Bombay Stock Exchange (BSE) building in Mumbai, India, March 6, 2020. REUTERS/Francis Mascarenhas 

People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, February 28, 2020. REUTERS/Hemanshi Kamani 

A man walks out of the Bombay Stock Exchange (BSE) building in Mumbai, India, February 28, 2020. REUTERS/Hemanshi Kamani 

The Bombay Stock Exchange (BSE) building is reflected in the glasses of a man as he watches a large screen outside the facade of the building in Mumbai, February 1, 2020. REUTERS/Francis Mascarenhas 

A man walks past a telecast of India's Finance Minister Nirmala Sitharaman presenting the budget inside the Bombay Stock Exchange (BSE) building in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas 

People walk past at a screen displaying India's Finance Minister Nirmala Sitharaman before the budget, on a facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas 

Men look at a screen (not pictured) displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas 

The Bombay Stock Exchange (BSE) building is seen in Mumbai, India, January 31, 2020. REUTERS/Francis Mascarenhas 

A man walks past the Bombay Stock Exchange (BSE) building in Mumbai, India, January 31, 2020. REUTERS/Francis Mascarenhas