Life Insurance Corporation of India is expected to announce its first-ever bonus share issue after its April 13 board meeting. The move may enhance liquidity and investor participation, supported by strong financials, steady growth, and consistent dividend payouts since its 2022 listing.
Bleak Winter! Why analysts are hinting at painful October even after 8 weeks of Nifty correction?
The global backdrop remains the biggest problem. US yields above 5%, a firm dollar, higher crude prices and rupee weakness make India more vulnerable.