LIC OFS Success: Government Raises ₹31,552 Crore in Historic Stake Sale

LIC

The Government of India has successfully raised ₹31,552 crore through the Offer for Sale (OFS) of Life Insurance Corporation of India (LIC) shares, marking one of the biggest disinvestment transactions in the Indian stock market. The stake sale received strong participation from investors, with the government fully exercising the green shoe option and increasing public … Read more

Sensex , Nifty Opens Flat as Weak Asian Markets and Global Chip Selloff Weigh on Investor Sentiment

Nifty

India’s benchmark equity indices Sensex and Nifty opened on a cautious note on Tuesday as weak signals from Asian markets and a sharp selloff in global semiconductor stocks dampened investor sentiment. Despite a positive rebound in the domestic market during the previous session, investors remained cautious amid rising concerns over intensifying competition in the global … Read more