LIC shares surge over 2% on discussions to acquire 50% stake in ManipalCigna Health
Shares of the state-owned insurer Life Insurance Corporation of India (LIC) jumped 2.4% to Rs 938.45 on the BSE as the company eyes an acquisition of as much as 50% stake in ManipalCigna Health Insurance, seeking an entry into the market for medical expenses coverage. ManipalCigna is a joint venture between Manipal Education & Medical…
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Large-cap stocks to buy: These large-caps have ‘Strong Buy’ & ‘Buy’ recos and an upside potential of more than 29%
Synopsis It is after a long time that we are seeing corrections in absolute terms. Also, it is rare for the Indian markets not to be in step as global markets rise. On Monday, and also on last Friday, there were minor intra-day upmoves by the Nifty. But these were followed by sudden, sharp selling…
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