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Source: Live Mint LIC share price: Despite selling in the insurance stocks last week, shares of the Life Insurance Corporation (LIC) of India registered decent buying throughout the week. LIC share price has been on an uptrend for the last six successive sessions, logging around 11 per cent weekly gain. According to stock market experts,…
Source: Live Mint Life Insurance Corporation of India (LIC) has increased its stakeholding to 5.02 per cent in the edible oil refiner Patanjali Foods through the purchase of shares via open market operations, according to an exchange filing on Tuesday, November 26. The stakeholding of the government-owned insurer rose 0.034 per cent to 5.02 per…
Source: Live Mint Hyundai Motor India IPO: Today (Tuesday, October 15), Hyundai Motor India Ltd launched its initial public offering on D-Street, and the first day of bidding has been marked by a gradual and consistent pace. The IPO has garnered a subscription of 18% on the opening day. Among the subscriptions, the retail investors’…
Source: Live Mint In a tumultuous week for Indian markets, nine out of the top ten most valuable companies in India saw their market capitalization plummet by a staggering ₹4,74,906.18 crore. This significant erosion in value came as the broader market faced severe headwinds, with the BSE benchmark index plunging by 3,883.4 points, or 4.53…
Source: Live Mint The combined market capitalization of six of the top 10 most valuable companies surged by ₹1,97,734.77 crore last week, with ICICI Bank and HDFC Bank emerging as the top gainers, in line with positive trends in equities. The BSE benchmark rose by 1,653.37 points or 1.99 per cent over the week. On…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. IRCTC: Life Insurance Corporation of India (LIC) has raised its shareholding in Indian Railway Catering and Tourism Corporation (IRCTC) to approximately 9.3 percent, as revealed in a regulatory filing on Thursday. LIC’s stake in the railway sector ‘miniratna’…
