LIC down 20% from IPO price

Jun 08, 2022 1 min read

LIC shareholders lose Rs 1.23 lakh crore in 16 session

Mr. Santosh Meena, Head of Research, Swastika Investmart shares his opinion on the stock market in different publications.

Kindly refer to the links below for today's coverage update.

Publication: The Economic Times
Headline: LIC hits all-time low as incessant selling pushes stock close to Rs 750 level
https://economictimes.indiatimes.com/markets/stocks/news/lic-hits-all-time-low-as-incessant-selling-pushes-stock-close-to-rs-750-level/articleshow/92052063.cms?from=mdr

Publication: The Economic Times
Headline: LIC down 20% from IPO price. Is there more pain ahead?
https://economictimes.indiatimes.com/markets/stocks/news/lic-is-down-20-from-ipo-price-is-there-more-pain-ahead/articleshow/92058207.cms?from=mdr

Publication: The Economic Times
Headline: Big Movers on D-St: What should investors do with MRPL, Chennai Petro and Oil India?
https://economictimes.indiatimes.com/markets/stocks/news/big-movers-on-d-st-what-should-investors-do-with-mrpl-chennai-petro-and-oil-india/articleshow/92071646.cms

Publication: The Hindu Business Line
Headline: PB Fintech tanks 12% on likely stake sale by CEO Yashish Dahiya
https://www.thehindubusinessline.com/markets/stock-markets/pb-fintech-tanks-over-12-as-ceo-may-offload-shares/article65503196.ece

Publication: Business Today
Headline: LIC shareholders lose Rs 1.23 lakh crore in 16 sessions, what's next ?
https://www.businesstoday.in/markets/company-stock/story/lic-shareholders-lose-rs-123-lakh-crore-in-16-sessions-whats-next-336675-2022-06-07

Publication: Indian Express
Headline: LIC share price falls to a fresh all-time low; skid nearly 21% from their issue price
https://indianexpress.com/article/business/market/lic-share-price-today-life-insurance-corp-falls-to-fresh-all-time-low-7957090/

Publication: Financial Express
Headline: Share Market HIGHLIGHTS: Sensex ends 593 pts down, Nifty below 16450 one day ahead of RBI MPC outcome; Infosys drags
https://www.financialexpress.com/market/share-market-today-live-updates-sensex-nifty-rupee-vs-dollar-sgx-nifty-rbi-mpc-repo-rate-hike-inflation-policy-meet-outcome-asian-markets-wall-street-7-june-2022-tuesday/2550866/

Publication: Zee Business
Headline: LIC share hits all-time low, dips nearly 21% on issue price; what's bothering the counter?
https://www.zeebiz.com/market-news/news-lic-share-hits-all-time-low-dips-nearly-21-on-issue-price-whats-bothering-the-counter-186529

Publication: Money Control
Headline: Double-digit return in KEI Industries, Elgi Equipments, NHPC possible in short term. Here's why
https://www.moneycontrol.com/news/business/markets/hot-stocks-double-digit-return-in-kei-industries-elgi-equipments-nhpc-possible-in-short-term-heres-why-8654971.html

Publication: News 18
Headline: LIC Share Price Drops Further Today to New All-Time Low, What LIC Investors Must Know
https://www.news18.com/news/business/markets/lic-share-price-drops-further-today-to-new-all-time-low-what-lic-investors-must-know-5325103.html

Publication: Financial Express (Hindi)
Headline: Policybazaar: चेयरमैन दहिया बेचेंगे हिस्सेदारी! शेयर 16% तक टूटा, अब क्या करें निवेशक?
https://www.financialexpress.com/hindi/business-news/policybazaar-parent-compaby-pb-fintech-stock-crash-as-ceo-yashish-dahiya-to-sell-stake-what-should-investors-do/2551398/

Publication: Pehal News
Headline: Big Movers on D-St: What should investors do with MRPL, Chennai Petro and Oil India?
https://www.pehalnews.in/big-movers-on-d-st-what-should-investors-do-with-mrpl-chennai-petro-and-oil-india/2031000/

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