Posted inIndia

India’s LIC makes a tepid capital market debut

India’s largest insurer, which recently executed the country’s biggest initial share sale, had a lackluster debut on stock markets. Shares of Life Insurance Corporation of India were sold at an 8% discount against the issue price of 949 rupees on Tuesday, even though the Bombay Stock Exchange index Sensex and National Stock Exchange’s Nifty index […]

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