LIC turns focus on large-caps; net buys shares worth ₹18,000 crore in Sept quarter – CNBCTV18

In the September quarter, LIC shifted its focus towards large-cap companies, making net purchases of shares worth ₹18,000 crore. This move indicates a strategic shift in their investment strategy. According to CNBCTV18, this decision by LIC could have significant implications for the stock market.

DailyBubble sees this move as a calculated shift by LIC to capitalize on the stability and growth potential offered by large-cap companies. By focusing on these established players, LIC is likely aiming to minimize risk and ensure steady returns on their investments. This move could also have a ripple effect on the market, influencing investor sentiment and potentially driving up the prices of large-cap stocks.

Overall, LIC’s decision to increase its holdings in large-cap companies reflects a cautious yet optimistic outlook on the market. This move aligns with DailyBubble’s belief in the importance of diversification and strategic decision-making in investment portfolios.