Tag Archives: LIC Has Reduced Its Interest in Publicly Traded Companies to A New Low

LIC Has Reduced Its Interest in Publicly Traded Companies to A New Low

Even as the benchmark Nifty rose 5 percent in the first three months of 2021, the country’s biggest institutional investor, Life Insurance Corp. of India (LIC), reduced its interest in publicly listed firms, as the country’s largest insurer booked profits to take advantage of an equity rally in the previous year. According to data collected […]