Major Asian stocks opened lower Friday after Wall Street shares slumped, battered again by worrying economic data and concerns about the impact of further aggressive Federal Reserve action next week. MSCI’s index of Asia-Pacific shares outside Japan was trading 0.89 per cent lower.
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.