LIC's Rs 17.5 lakh crore portfolio goes against the wind: IT stocks in, banks out

LIC is making a contrarian bet on the IT sector, investing heavily in companies like TCS and HCL Technologies while reducing its exposure to banking giants such as SBI and HDFC Bank.
Analytics Insight

LIC Share Price Rises 1.21% to Rs. 883.85 Despite IDFC First Bank Fraud Impact

Overview LIC share price rose 1.21% to Rs. 883.85 even after reports showed a Rs. 340 crore loss linked to its investment in IDFC First Bank.The stock traded be ...
Benzinga.com

Is LIC Waiting For HDFC Bank Share Price To Fall Further Before It Buys?

Life Insurance Corporation of India (LIC) is reportedly not in a hurry to acquire additional HDFC Bank stock from the market. What Happened: Despite regulatory approval allowing LIC to increase its ...
News9Live on MSN

LIC’s contrarian investment: Billions poured into IT stocks; banking, metal sold

Despite IT stocks declining, LIC has raised its stake in the tech sector during the December quarter, investing billions in ...
Business Line

LIC posts higher profit as tax cuts boost insurance demand

https://www.thehindubusinessline.com/money-and-banking/lic-posts-higher-profit-as-tax-cuts-boost-insurance-demand/article70595423.ece Copy Life ‍Insurance ...