LIC does believe in the adage make hay when the sun shines and they have been doing exactly that with their large stock holdings.Life Insurance Corp (LIC) was spotted selling IT and bank shares after a recent rally, said four dealers at brokerages that handle trades on behalf of India's largest state-run insurer."LIC has been a consistent seller of Indian shares during this rally, and the pace would increase only till elections," one of the dealers said.
NSE's banking sub-index gained 0.5 per cent while IT sub-index fell 0.7 per cent .
NSE's banking sub-index gained 0.5 per cent while IT sub-index fell 0.7 per cent .