LIC has announced its first-ever 1:1 bonus issue, signalling strong financial health and rewarding shareholders. The move will increase liquidity without impacting market capitalisation. Backed by robust Q3 earnings growth, the insurer continues to deliver steady performance, though its stock shows mixed trends in the short and medium term.
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.