FMCG stocks are typically known as defensives and usually attract investors’ attention amid strong demand led by a good monsoon, fall in commodity prices as well as the festive season.
LIC won’t sell stake in NSE IPO OFS, betting on exchange’s long-term potential
Life Insurance Corporation of India will not sell its stake in the National Stock Exchange’s IPO. LIC holds a significant 10.7% stake in NSE. The