One theory is that collecting the figurines is a contemporary manifestation of the lipstick effect, when people indulge in little luxuries in times of hardship.

At close, Sensex settled at 82,253.46, down 247 points, or 0.30%, while the Nifty 50 ended the day 68 points, or 0.27%, lower at 25,082.30.

Shares of AU Small Finance Bank fell nearly 2.5% in early deals on Monday after Kotak Institutional Equities downgraded its rating for the stock from "add" to "sell". However, it raised its target ...