LIC

Nifty rides with bulls, can hit 24,600: Analysts

​Stocks expected to show bullishness include Reliance, ICICI Bank, LIC Housing Finance, Grasim, Praj Industries, Biocon, Apollo Tyres, Tata Motors, and BEL. Consider a moderately bullish strategy using a Bull-Call Spread for the July 4 weekly expiry.

F&O Stock Strategy: How to trade Apollo Tyres and LIC Housing Finance

Apollo Tyres breakout signals strong buying interest. Accumulate in the 520-515 zone with a stop loss at 500, targeting 550 in the short term.

LIC shares soar 6% on plans to enter health insurance market

LIC's shares surged 6% on plans to enter the health insurance market. The stock is trading at Rs 1074 on NSE, up 4.55%. LIC aims to acquire a standalone health insurance company to expand its market presence.

15 rural theme stock ideas with upside potential of over 18%

For the first time in five quarters, rural demand has outpaced urban demand. Rural volume growth was 7.6% in Q1CY24 vs 5.7% urban volume growth in the same quarter reflecting the evolving rural market dynamics. Domestic brokerage firm, Way2Wealth believes that the expectation of better monsoon and rural policy push by the government can lead to sustainable growth in the coming quarters, thus driving rural demand and economy. Recognizing the significance of the rural market, which still accounts for 65% of the country’s population, Way2Wealth listed 15 picks involved in the rural sector:

Nifty charts projecting 25,200 by December, says ICICI Securities. Top 94 stock picks

ICICI Securities' technical analysis forecasts Nifty reaching 25,200 by December 2024, supported strongly at 22,200. Midcaps and smallcaps indices are in a structural uptrend, expected to gain over 16% by year-end.

Buzzing! Insurance stocks in focus after IRDAI increases surrender value

Insurance stocks rose up to 3% after IRDAI increased surrender values for non-linked products, affecting insurers like LIC, HDFC Life, and Max Life. Shares of LIC, HDFC Life, and SBI Life were up on BSE. Nuvama awaits more details from companies next week.

LIC, YES Bank among 78 stocks that can enter F&O list if Sebi changes rules

Sebi proposes to revise criteria for derivatives market, potentially adding 78 stocks like LIC, Zomato, YES Bank. Changes include higher thresholds for order size, market-wide position limits, and introducing Product Success Framework for single-stock derivatives after 6 months.

LIC manages money nearly 2x the size of Pak economy, higher than Denmark & Singapore’s GDP too

Following a sharp rally in Indian stocks, the total assets under management of state-owned insurance giant LIC have crossed the Rs 50 lakh crore mark, nearly doubling the size of Pakistan's GDP. According to the latest data, Life Insurance Corporation of India's AUM has advanced by 16.48% YoY to Rs 51,21,887 crore, which translates to $616 billion as of March-end. The same was Rs 43,97,205 crore at the end of FY23. According to the IMF, Pakistan's GDP is only about $338.24 billion. At $616 billion, LIC's mountain of money is now nearly double that of Pakistan's economy. The size of the PSU's insurance fund is also bigger than the combined GDPs of 3 neighbours - Pakistan at $338 billion, Nepal at around $44 billion, and Sri Lanka at $75 billion. LIC manages money nearly 2x the size of Pak economy, higher than Denmark & Singapore’s GDP too

Big Daddy LIC manages money nearly double the size of Pakistan's economy

LIC assets have exceeded Rs 50 lakh crore, marking a significant milestone and overshadowing Pakistan's GDP. In FY24, LIC reported a profit of Rs 40,676 crore and total premium income of Rs 4,75,070 crore. The company, with a market share of nearly 59% in the Indian life insurance sector, is now eyeing entry into the health insurance domain. Its market value has surged by nearly 52% in the past six months, making it the seventh-largest stock by market capitalization.

LIC shares can rally up to 30%; check target prices of 5 brokerages

Brokerages are largely positive on LIC's future as they see an upside potential of up to 30% in the stock, suggesting target prices as high as Rs 1,300.

Technical picks: LIC, Tata Investment Corporation among 5 stocks that can rally up to 17% in short term

Domestic benchmark indices Nifty50 and S&P BSE Sensex opened at fresh record highs. Amid this unstoppable bull run, numerous analysts have provided their technical perspectives on several stocks, identifying potential gains of up to 17% in the near term. Here's a compilation of 5 tech picks:

Government to get Rs 3,662 crore from LIC as dividend

The government, the largest shareholder in the company, currently holds 96.50% stake in it accounting for 6,10,36,22,781 shares out of 6,32,49,97,701 fully paid up equity shares.

JP Morgan maintains overweight rating on LIC post Q4 results, sees 29% upside

JP Morgan maintains 'Overweight' rating on LIC post Q4 results, setting target price of Rs 1,340. LIC's market share growth and strong earnings drive stock performance.

M-cap of five of top-10 most valued firms jumps Rs 85,582 crore; LIC biggest gainer

Top-10 firms gained Rs 85,582.21 crore in market valuation last week, with LIC leading. BSE Sensex rose 0.39%, hitting an all-time high. Market cap changes noted for Reliance, HDFC, Bharti Airtel, SBI, and LIC.

Petronet LNG, LIC Housing Finance among 5 stocks with long buildup

A long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment, indicating a bullish trend in the market. In Wednesday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:

Buy LIC Housing Finance, target price Rs 930: Motilal Oswal

LIC Housing Finance Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 42346.60 Crore) operating in NBFC sector.

GAIL, PNB, IREDA among PSU stocks that mutual funds exited before election results

​Mutual funds sold shares in several PSU stocks in May ahead of the June 4 outcome with GAIL (India), Punjab National Bank (PNB), Power Finance Corporation (PFC), NHPC and Indian Renewable Energy Development Agency (IREDA) witnessing complete exit by individual mutual funds.

Hot Stocks: Brokerage view on LIC, Suzlon Energy, Inox Wind and Hindalco

Investec brokerage firm upheld its buy recommendation for Hindalco, while Nuvama initiated coverage on Inox Wind and Suzlon Energy with buy ratings, respectively. Goldman Sachs has given LIC a neutral rating following its Q4 results.

IDFC First Bank to raise Rs 3,200 cr via preferential issue to LIC, others

IDFC First Bank will allot around 39.68 crore shares to some of India's biggest institutional investors, including LIC, HDFC Life, ABSL Insurance, Bajaj Allianz Life, ICICI Lombard, and SBI General Insurance.

10 stock ideas to hold until Union Budget 2025 from Chola Securities

With NDA coming into power, investors now feel more comfortable as they believe in the continuity of policies and structural reform framework. Ahead of the Union Budget 2024, dometic brokerage firm Chola Securities have made recommendations for the investors for a holding period till Union Budget 2025 as they foresee ever-rising tax and non-tax revenues providing ample scope for a dream budget roll out.

RIL, banking stocks drive Sensex 150 pts higher; Nifty above 22,900

Benchmark equity indices opened higher on Tuesday, driven by index heavyweights like Reliance Industries and banking stocks, with BSE Sensex up 0.15% and Nifty50 up 0.19%.

Stocks in news: LIC, Vedanta, IRCTC, RITES, NALCO, Adani Energy Solutions, Timken, CMS Info Systems

India's largest life insurer Life Insurance Corporation of India on Monday reported a net profit of Rs 13,782 crore for the quarter ended March 31, 2024, which was up by 4.5% over Rs 13,191 crore reported in the corresponding period of the last financial year. The company board has declared a final dividend of Rs 6 per share.

Hindalco, HUL, GAIL among 24 stock recommendations by Yes Securities

Yes Securities has mentioned ​24 stocks across 8 sectors, including Hindalco, HUL, GAIL, in its conviction list, stating that the markets tend to perform well after the election results.

LIC gets more time for 10% public holding

Earlier, LIC had got a one-time exemption to meet a 25% minimum public shareholding within 10 years by May 2032 of its listing in May 2022. The government divested the stake through an offer for sale (OFS) and raised ₹21,000 crore by selling a 3.5% stake then.

LIC granted 3-year time to achieve 10% public shareholding

LIC gets 3-year extension from Sebi to comply with minimum public shareholding norms, delaying government's possible offer for sale. Investors relieved as stock jumps 3%. Sebi rules mandate 25% public float, with new companies given 3 years to comply. PSU insurer's majority stake owned by Indian government. Finance Ministry grants PSU insurer exemption from 25% MPS norms till 2032.

Hot Stocks: Brokerage view on Biocon, Info Edge, LIC Housing; Jefferies upgrades M&M

JPMorgan retains overweight rating on LIC Housing Finance, Nomura favors buy rating on Info Edge, BofA Securities suggests buying Biocon, and Jefferies upgrades M&M to buy.

Canara Bank, IOC among 5 stocks with long buildup

​A long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment, indicating a bullish trend in the market. In Monday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:

Big movers on D-Street: What should investors do with Siemens, Oil India and LIC?

Stocks that were in focus include names like Siemens India, which rose 6.33%, Oil India, which jumped 1.98%, and LIC, whose shares increased 6.82% on Wednesday.

LIC shares rally over 6 pc; mcap climbs Rs 37,159 cr

Shares of Life Insurance Corporation (LIC) on Wednesday jumped more than 6 per cent after the firm said Sebi has granted an additional 3-year time till May 16, 2027, to comply with the 10 per cent public shareholding norm.

Mcap of 8 of top 10 most valued firms climbs Rs 1.47 lakh cr; LIC, Reliance major gainers

Eight of the top-10 most valued firms, including LIC and Reliance Industries, added Rs 1,47,935.19 crore in market valuation last week. The BSE benchmark climbed 1,341.47 points, and NSE and BSE conducted a special trading session on May 18 to test their readiness. LIC's valuation soared by Rs 40,163.73 crore, and Bharti Airtel's valuation also saw significant growth.

LIC warns policyholders about offers to buy their current insurance policies

The life insurance behemoth has urged all policyholders to proceed with extreme caution before making any decisions about their policy that might compromise their family's risk coverage and financial stability.

M&M shares jump 4% after Q4 results; m-cap climbs Rs 8,742 crore

The company added Rs 37,159.36 crore taking its market capitalisation (mcap) to Rs 6,26,048.27 crore.

Brigade Enterprises shares rise 9%, hit 52-week high after Q4 profit jumps nearly 3-fold

Brigade Enterprises' shares surged 9% to a 52-week high after reporting a three-fold jump in net profit. Managing Director Pavitra Shankar expressed confidence in sustained performance with ongoing and upcoming projects in Bengaluru, Chennai, and Hyderabad.

Mcap of nine of top-10 most valued firms jump Rs 1.85 lakh cr; Reliance, HDFC Bank sparkle

​Nine of the top-10 most-valued firms together added Rs 1,85,320.49 crore in market valuation last week, with Reliance Industries Ltd and HDFC Bank stealing the show with maximum gains, in line with rally in equities.

Self-reliance! Mutual funds holding in NSE-listed companies at all-time high in Q4 even as FIIs pull away

The share of FIIs was down by 51 bps quarter-on-quarter (QoQ), resulting in the gap between FII and DII holdings narrowing further to an all-time low in this quarter. The DII holding is now just 9.23% lower than the FII holding.

8 largecap stocks that are below industry PE levels can surge up to 13%

Low PE stocks, often regarded as value stocks, are typically favoured for long-term investment strategies. According to Trendlyne data, SBI, LIC, Infosys, HCL Tech, and L&T are currently trading at lower PE ratios compared to their respective industry averages. Despite belonging to different sectors, these stocks have the potential to rally by up to 13%, as suggested by Trendlyne data.

6 companies where promoter holding is greater than 95%

Take a look at the companies where promoter holding is over 95%. (Source: PrimeDatabase)

Bandhan Bank, Tech Mahindra among 5 stocks with top short covering

​Short covering refers to the buying of shares in order to close an existing short position or a position that has been sold. Short covering signals a shift in view on security from extreme bearishness to bullishness. In Wednesday's trading session, five stocks saw top short covering. Here's the list: ​

India's m-cap adds a trillion in 117 days

The trillion-dollar market-cap addition to $5 trillion happened in less than six months, in 117 sessions. The market value of BSE-listed companies crossed $4 trillion for the first time on Nov 29, 2023.

No formal proposal to enter health insurance, says LIC

Life Insurance Corporation (LIC) has clarified that there is currently no formal proposal for it to enter the health insurance space. This clarification comes amid expectations that composite licenses may be permitted by amending the Insurance Act, which currently does not allow life insurers to underwrite health insurance policies. A parliamentary panel had earlier suggested the introduction of composite licensing for insurers to undertake life, general, or health insurance under one entity, which could lead to cost savings and offer customers more choice and value.

As Hyundai India eyes listing, here are some of nation's biggest IPOs

Hyundai Motor's Indian business filed draft papers for a potential large IPO in India to enhance its brand image and increase liquidity.

LIC reports 16% decline in retail APE, 300 bps below that of industry

The retail APE for LIC stood at a negative CAGR of 3.8% while the sector grew at a rate of 9% over two years, with private sector companies growing at 17%.

Stocks in news: M&M, Vodafone Idea, Biocon, Mankind Pharma, Dixon Tech

HDFC Life announced its highest-ever bonus of Rs 3,722 crore on participating plans. This bonus will benefit over 22.23 lakh policyholders.

These 8 equity mutual funds gave double-digit returns in June

Around eight equity mutual funds have offered double-digit returns in June, according to the data from ACE MF. We considered data as on June 27.

Infra and defence mutual funds dominate returns chart in first half of 2024

The first half of 2024 showcased the dominance of infrastructure and defense-based mutual funds in the market. While some international funds faced challenges, strategic investment decisions were crucial. Diverse performances emphasized the need for a well-rounded portfolio strategy to navigate the market effectively.

LIC Q4 Results: Cons PAT jumps 4.5% YoY to Rs 13,782 cr; dividend declared at Rs 6 per share

LIC Q4 Results: The company had reported a net profit of Rs 13,191 crore in the corresponding period of the last financial year. The Total Premium Income for the year ended March 31, 2024, was reported at Rs 4,75,070 crore. It was Rs 4,74,005 crore for the year ended March 31 2023. The Total Individual Business Premium for the financial year increased to Rs 3,03,768 crore from Rs 2,92,763 crore reported for the comparable period of the previous year.

Higher ability to withstand sudden headwinds: 5 largecap stocks with right mix of RoE & RoCE

There are two kinds of risk in equity markets, first the overall market or asset class risk. Second is individual risk. First risk is not under control of anyone, because it can hit the market due to any reason, right from any geopolitical uncertainty to any monetary event in any part of the world. Probably the first kind of risk got played recently with the flip flop of the US and development in the middle east. The second risk which is individual risk is about the choice of the stock which one buys. In equities after a point of time it is more important to manage individual risk than to take risk. In equities the risk is more in the short term, over longer term, it is not very high. One way to manage risk is that when valuations are high, move to companies which have strong and large balance sheets and have seen many economic cycles and have survived the slowdowns in the past.

LIC Mutual Fund changes name of schemes and benchmarks

The fund house informed about this change through a notice cum addendum to its unitholders. The changes will be effective from June 1. The fund house also said that consequent to the change in the name of the benchmark as stated above, the name of the following schemes shall be revised from the effective date.

In 10 years, India no longer a charity case, it's the driving force of world economy: Sanjeev Sanyal

There are no such things as poor people. They are poor places. Say two brothers grew up in Moradabad. One of them stays back in Moradabad and another went off to Dubai. After five years, one person will be earning a lot more than the other. Why does this happen? It is because places matter, says Sanjeev Sanyal

Govt open to selling stake in GIC Re, LIC in FY24/25: Source

In FY 2024/25, India may sell a 10% stake in GIC for about Rs 57 billion. LIC plans to offload 10% over 7 years and 25% over 10 years post its successful IPO.

LIC cuts stake in 16 PSU stocks as portfolio soars to Rs 14 lakh crore

LIC cuts stakes in 16 PSUs, profit booking seen. Portfolio value surges to Rs 14 lakh crore in 2024, up by Rs 1.6 lakh crore. Market cap of PSU stocks rises to Rs 67 lakh crore.

Railway stock on track for 7% rise; housing financial stock sets stage to go up 5%

Nifty 50 hit a high point in the early minutes of the trade but then drifted lower. It managed to close with a gain.

Government gains PSU muscle as stocks climb peaks

The value had touched a high of 22% of total market capitalisation of listed firms in June 2009, dropping to a low of 5.1% in September 2020 before doubling since then, according to data from primeinfobase.com. Re-ratings amid large valuation discounts, high dividend yields, record cash flows and news of possible privatisation triggered a sharp rally in public sector companies over the last three years.

LIC Mutual Fund changes name of five schemes

LIC Mutual Fund has announced the name change of its five schemes which include debt and equity schemes.

Consumer forum directs LIC to pay Rs 2 lakh claim to widow of policyholder

A consumer commission in Mumbai has directed the Life Insurance Corporation of India (LIC) to pay a claim of Rs 2 lakh to the widow of a policyholder who was illiterate and unaware of the policy terms and conditions. The commission noted that guidelines from the Insurance Regulatory and Development Authority (IRDA) require all terms and conditions to be explained to the insured in a language known to them before taking their signature on the policy document.

Regulatory tightening over? Time to revisit. 5 housing finance stocks with upside potential of up to 39%

To some the news of the possible changes in project finance by banks and other sectoral lenders might appear to have come out of the blue. But the fact is that RBI has been in a process of tightening and cleaning up the system of every segment and subsegment of banking and financial services for more than the last one and a half years. Infact the first set of companies where the tightening of the norms was implemented were housing finance companies. Right from raising capital to disbursement norms, everything was tightened. Whenever there is tightening of norms, stocks from that sector tend to correct. Same has been the case with housing finance companies, they have underperformed in the last one year of bull run. But as the companies adjust to new norms, there will be some players who probably would make a comeback faster. Given the fact that despite all the problems which the sector has faced, it has still grown on an overall basis and there is no reason to believe that this will not happen in future.

Expect LIC’s VNB margin to grow 2-3%, India embedded value to surge at least 10% in FY25: Siddhartha Mohanty

LIC Chairperson Siddhartha Mohanty highlights significant growth in India embedded value and VNB margins, aiming for further growth. Market seeks clarity on VNB margins. Expectations include a 10% increase in IEV this year. Mohanty further says that in the current year, focus will be on catering to certain segments and a specific product will be designed for those segments.

LIC Q4 net profit up 2.5%, declares Rs 6/share dividend

The insurer reported profit of ₹13,421 crore in the same period last year. The solvency ratio improved to 1.98% from 1.87% last year. LIC announced an interim dividend of ₹6 per share.

LIC Mutual Fund changes exit load for four equity schemes

LIC Mutual Fund alters exit load structure for four equity schemes, notified via notice-cum-addendum. Effective from May 27, the duration shifts from 12 to three months

Trent, Oberoi Realty among 5 stocks with top long unwinding

​Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Friday's trading session, five stocks witnessed a top long unwinding. Here's the list:

17% wage hike bump unlikely to deter LIC stock, analysts see room for returns

LIC shares have risen 6% to Rs 972, surpassing IPO price. The 17% wage hike may cost shareholders Rs 4,000 crore yearly. Long-term prospects though are promising for the Indian insurance industry. The current levels may present an opportunity for long-term investors with diversified portfolios that prioritise the insurance sector's potential and the fundamentals of LIC.

LIC thinking of diving into health insurance pool, eyeing acquisitions

LIC is considering entering the health insurance sector, as reported by Times of India, quoting LIC chairman Siddhartha Mohanty. Mohanty stated that LIC is evaluating potential acquisition opportunities in this regard. This move aligns with expectations of the government permitting composite insurance companies in the sector.

This LIC life insurance policy launched in February 2024 was withdrawn on April 1: Check surrender rules

LIC Dhan Vriddhi plan provides financial support for the family in case of unfortunate death of the life assured during the policy term. It also provides a guaranteed lump sum amount on the date of maturity to the life assured.

LIC Q4 Results: Cons PAT jumps 4.5% YoY to Rs 13,782 cr

India's largest life insurer Life Insurance Corporation of India on Monday reported a net profit of Rs 13,782 crore for the quarter ended March 31, 2024, which was up by 4.5% over Rs 13,191 crore reported in the corresponding period of the last financial year. The company board has declared a dividend of Rs 6 per share.LIC Q4 Results: Cons PAT jumps 4.5% YoY to Rs 13,782 cr

Buy LIC Housing Finance, target price Rs 790: Motilal Oswal

LIC Housing Finance Ltd. key Products/Revenue Segments include Interest, Income From Financial Services, Fees & Commission Income and Miscellaneous Income for the year ending 31-Mar-2023.

Value of LIC's investment in Adani stocks jumps 59% to Rs 61,210 crore in FY24

LIC, the state-owned insurance behemoth, has seen a 59 per cent rise in value of its investments in Adani group companies in 2023-24 fiscal year after the conglomerate made a smart recovery since being hammered by a damning short seller report.

Q4 results this week: Tata Steel, LIC, IRCTC, Apollo Hospitals Enterprise, and Bharat Dynamics

Several companies, including Tata Steel, LIC, and IRCTC, will release their March quarter report cards this week.

Low chances of Nifty Bank exceeding 51,000-level this week: Anand James

A new peak on Friday was not surprising, given the fact that 88% of Nifty constituents had started the day at the highest in 30 days. Most other sectors were also showing similar trends, except for PSU banks and metals

Infra trumps sectoral mutual fund peers with 29% returns in 2024, so far. Should you invest?

The five top schemes in the infrastructure mutual fund category are, Bandhan Infrastructure Fund-Reg(G), LIC MF Infra Fund-Reg(G), Quant Infrastructure Fund(G), Canara Rob Infrastructure Fund-Reg(G) and Invesco India Infrastructure Fund(G).

LIC Housing Finance Q4 Results: Net profit falls over 7% YoY to Rs 1,091 crore

The net profit in the year-ago period was Rs 1,180 crore. The company's board recommended a 450% dividend for FY24. In other words, shareholders would get Rs 9 per equity share of Rs 2 each, subject to their approval.

7 mutual funds made complete exit from these midcap stocks

Mutual funds buy and sell stocks and manage their portfolios actively to offer better returns. Here are the midcap stocks which were expelled from 7 mutual funds’ portfolios in May, according to Mutual Fund Insight by Nuvama Alternative & Quantitative Research.

Look, how India's 10 biggest IPOs & FPOs have fared over years

Here's a look at how the biggest fundraises by Indian companies in the form of IPOs and FPOs have fared. (Source: Capitaline | ET Bureau)

Voltas, LIC Housing Finance among 5 midcap stocks that hit new 52-week highs on Tuesday

Indian shares rose on Tuesday, tracking a rebound in global markets as risk sentiment improved on easing fears of an escalation in the Middle East conflict, while corporate earnings also aided sentiment. Meanwhile, in today's trading session, five midcap stocks from the Nifty200 index reached a new 52-week high. Here's the list:

Bullish Momentum: 5 stocks with White Marubozu Pattern on June 12

7 largecap stocks that are below industry PE levels can rally up to 22%

Low PE stocks, often regarded as value stocks, are typically favoured for long-term investment strategies. Trendlyne data indicates that SBI Life, LIC, Infosys, HCL Tech, and Adani Ports are currently trading at lower PE ratios compared to their respective industry averages. Despite belonging to different sectors, these stocks have the potential to rally by up to 22%, as suggested by Trendlyne data. Here is a list of 7 largecap stocks with below industry PE levels that can rally up to 22%:

At multi-year highs: These 6 stocks witness 5-year swing high breakout

Q4 results today: LIC, NMDC among 236 companies to announce earnings on Monday

236 companies, including LIC and NMDC, to announce Q4 results. LIC reported a 49% rise in Q3 earnings, while NMDC saw a 62% increase in consolidated net profit.

Rahul Shah's two top stock picks from HFC space

If I look at it, last quarter numbers were bad for most of the IT companies and I would still wait and there is a lot of other opportunities in the markets versus IT companies. So, I would still wait. Just because the valuations are compelling, one should not get in. But there are other serious pockets where the money will be made versus the IT pack.

Mcap of 6 of top-10 most valued firms declines by Rs 1.73 lakh cr; HDFC, LIC major laggards

The market capitalisation (mcap) of ICICI Bank declined by Rs 17,567.94 crore to Rs 7,84,833.83 crore, and that of State Bank of India went lower by Rs 11,780.49 crore to Rs 7,30,345.62 crore

Jio Fin, Adani Green, Zomato among cos eligible for F&O

Nuvama Alternative & Quantitative Research identifies potential F&O stocks like Zomato, YES Bank, and Jio Financial among others. Sebi's proposed changes may see 78 new stocks entering the segment.

Mutual funds increase holding in these 10 PSU stocks. Do you own any?

PSU exposure in mutual funds (active schemes) saw a marginal drop in March 2024. This was largely due to the selling in SBI, NTPC, Power Finance, NHPC and PNB. However, a report by Elara Capital states that the overall PSU exposure in MFs is still lower than the long term zone of 15-16%. Currently it is hovering around 12%. Holding has expanded to a new high since 2020 as participation has finally begun in the last few months. Here’s a list of top 10 PSU stocks by Elara Capital that observed largest buying in MF portfolios:

IRDAI new regulation on surrender charges decoded; SBI Life, LIC top buy in insurance space now

IRDAI's enhanced surrender charge regulations set surrender value requirements based on policy year. Exposure draft included threshold premiums for non-linked products.

Adani bull GQG spends another billion dollars on 6 stocks

The latest shareholding pattern shows that GQG's ownership rose 202 basis points (bps) from 2.51% in December to 4.53% in the March quarter. In the case of Adani Power, the FII's stake rose from 1.33% to 5.2% sequentially.

LIC Housing Finance eyes lower double digit loan portfolio growth in FY25

LIC Housing Finance targets "lower double-digit" loan portfolio growth this fiscal, focusing on affordable housing, says MD Tribhuwan Adhikari. March saw a 4.3% y-o-y loan portfolio rise to Rs 2.87 lakh crore. Annual loan disbursement dropped 8% to Rs 58,937 crore, partly due to cautious lending amid competition from other lenders.

Yogesh Garg's services terminated in front-running trades case, says LIC

LIC terminated Yogesh Garg due to Sebi's front-running order. Sebi banned 5 entities, including LIC staff, for front-running. Stringent measures in place for monitoring and prevention of illegal trading activities.

LIC fires employee who traded in dead father's demat account in front running case

LIC terminated Yogesh Garg due to Sebi front-running ban. Garg used family demat accounts for intraday trades, profiting ₹2.44 crore. Sebi confirmed ban on Garg and four others for insider trading.

FIIs increase stake in 6 Adani stocks, LIC makes smart profit in March quarter

FIIs increase stake in 6 Adani stocks, LIC sees smart profit. Adani Ports, Green Energy, Wilmar, Power, Total Gas, NDTV ownership rises. PSU insurer, Ahmedabad conglomerate, ACE Equity observed. Mutual funds, retail investors, Adani Energy affected. Tata, Ambuja Cements, Hindenburg, Cantor Fitzgerald mentioned.

Expecting double digit disbursement and loan book growth this year: Tribhuwan Adhikari, LIC Housing Finance

​I would expect this year that we would be showing a good disbursement growth in the double digits, as well as the loan book growth of double digit.

Gainers & Losers: Thermax, LIC among 5 stocks that hogged limelight on Wednesday

SBI PSU Fund adds IEX in April, raises stake in LIC, SAIL and 2 more stocks

SBI PSU Fund Reg(G), a top performer in equity mutual funds, bolstered its portfolio by adding Indian Energy Exchange (IEX) shares and increasing stakes in Bank of India, LIC, NALCO, and SAIL.

Stocks in news: LIC, SBI Cards, Bharti Airtel, Zomato, Vodafone Idea

The Board of SBI Cards has declared an interim dividend of Rs 2.5 per share for the financial year ending 2023-24. The company has also fixed a record date of March 28 for the proposed dividend.

Mcap of 4 of top 10 companies hit Rs 1.71 trillion; HDFC Bank, LIC lead gainers

Four of the top 10 valued firms added Rs 1,71,309.28 crore to their market valuation last week with HDFC Bank and Life Insurance Corporation of India (LIC) emerging as the biggest gainers in line with an overall positive trend in equities.

Insurance stocks offering good defensive positions with strong value additions: Sanjiv Bhasin

Amid election result uncertainties, staying invested is advised. Anticipated market rebound post-results may drive new highs. Favorable fundamentals support quality stock buying, especially in insurance and banking sectors. Opportunities also seen in mid and small-cap stocks like Rattan Power.

Mcap of 5 of top 10 firms tanks Rs 2.23 lakh crore; Reliance, LIC biggest laggards

Five of the top 10 valued firms faced a combined erosion of Rs2,23,660 crore from their market valuation last week, with Reliance Industries and Life Insurance Corporation of India taking the steepest hit amid an overall bearish trend in equities.

ETMarkets Fund Manager Talk: LIC MF’s Sumit Bhatnagar shares 3 investing themes for next decade

Sumit Bhatnagar says: "Power, defense and capex are structural themes that are expected to play out over the next decade. While the space has seen significant re-rating and a significant portion of returns are priced in, I believe these themes still appear attractive from a medium to long term perspective."

LIC's April premium hits decade high of Rs 12,384 cr

LIC's April premium collection of Rs 12,384 crore, highest since 2014, marked 113.14% growth from the previous year. Success attributed to marketing strategies, wider reach, policy uptake, reliability, and customer services.

PSU rail stocks surge: Could Indian Railways IPO offer big gains?

A healthy primary market where deals are continuously being done is the key hallmark of a well-functioning economy, which is aspiring to grow fast.

Not a market for bargain hunters; look beyond June 4 for investment opportunities in next five years: Abhay Agarwal

Abhay Agarwal, Founder & Fund Manager at Piper Serica, discusses market focus on earnings, growth, and India's economic potential post-event. Grasim's expansion into the paint segment and Titan's nervousness are key points. Agarwal also says he expects the Birla Group will get re-rated because of various things they are doing like the Novelis IPO which was pending for a long time, which will unlock capital for Hindalco.

Buy Life Insurance Corporation of India, target price Rs 1270: Motilal Oswal

Life Insurance Corporation of India, incorporated in the year 1956, is a Small Cap company (having a market cap of Rs 642619.77 Crore) operating in Financial Services sector.

Market valuation of 7 most valued firms climbs Rs 67,260 crore; Reliance top gainer

The valuation of Reliance Industries jumped Rs 45,262.59 crore to reach Rs 20,14,010.63 crore. State Bank of India added Rs 5,533.26 crore, taking its market valuation to Rs 6,71,666.29 crore.