LIC Plann Invest Rs 61,000 cr in the market

LIC Plann Invest Rs 61,000 cr in the market Unfazed by debate around its housing finance arm, nation’s biggest insurer LIC plann to invest in about Rs 61,000 cr in the market during this financial.

“This yr we’re planning to invest close to Rs Rs 61,000 cr in equity market,” Life Insurance Corporation MD Thomas Mathew told.

Rise in exposure to equity market secondary or even primary-market would depends on market situation, he said.

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