Market data shows LIC ownership went up in at least 40 stocks and trimmed holdings in 75 other counters. LIC’s stake rose 409 bps in fertiliser-maker Kothari Industrial Corporation, 301 bps in Tata Chemicals, 240 bps in SAIL, 173 bps in Bata India and 164 bps in IEX.
Alcohol stocks have priced in FTA gains: Karan Taurani
The UK FTA is poised to boost the Indian luxury spirits segment, potentially leading to a 15-20% price correction and accelerating volume growth to over