Today's Performance 25 August 2014
QUALITY CALLS IN STOCK CASH PROFIT RS. 20820 SHASUN PHARMA-TG3 MAX IND-TG2 TV TODAY-TG2 BALAJI TEL-TG1
STOCK FUTURES ROCKEDD!! ARVIND-TG3 TATA MO DVR-TG3 JP ASS-TG2 TATA MO DVR-TG2 KOTAK B-TG1 JP ASSO-TG1 PROFIT RS.48000
QUALITY CALLS IN OPTIONS: ARVIND CALL: TG3 ADANI ENT CALL: TG3 ADANI PORTS CALL: TG2 RCOM CALL: EXIT BANK NIFTY CALL: TG1 PROFIT: 18675
STOCK FUTURES ROCKEDD!! ARVIND-TG3 TATA MO DVR-TG3 JP ASS-TG2 TATA MO DVR-TG2 KOTAK B-TG1 JP ASSO-TG1 PROFIT RS.48000
QUALITY CALLS IN OPTIONS: ARVIND CALL: TG3 ADANI ENT CALL: TG3 ADANI PORTS CALL: TG2 RCOM CALL: EXIT BANK NIFTY CALL: TG1 PROFIT: 18675
LIC to invest Rs 50,000 crore in equity market
"We plan to invest about Rs 50,000 crore in the equity market, while Rs 2.50 lakh crore in bonds," LIC Chairman S K Roy said.
He said LIC picked up stocks worth Rs 51,000 crore last fiscal and investments were made across sectors.
As for the bond market, he said investment in this area was Rs 2.40 lakh crore in the last financial year.
Equity markets have rallied about 20 percent so far this fiscal.
During the current fiscal, life insurer has raised its stakes in many public sector banks including United Bank of India, Central Bank of India and Bank of Maharashtra by picking up preferential shares.
Some more banks would make preferential allotment to LIC during course of the year.
"We plan to invest about Rs 50,000 crore in the equity market, while Rs 2.50 lakh crore in bonds," LIC Chairman S K Roy said.
He said LIC picked up stocks worth Rs 51,000 crore last fiscal and investments were made across sectors.
As for the bond market, he said investment in this area was Rs 2.40 lakh crore in the last financial year.
Equity markets have rallied about 20 percent so far this fiscal.
During the current fiscal, life insurer has raised its stakes in many public sector banks including United Bank of India, Central Bank of India and Bank of Maharashtra by picking up preferential shares.
Some more banks would make preferential allotment to LIC during course of the year.
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