LIC shares drop on discounted stake sale

LIC shares drop on discounted stake sale led to a sharp decline, hitting the lowest level in nearly four months. The government sold a 10% stake at a discount of 3.5%, raising concerns over valuation and market sentiment. Heavy selling pressure dragged the stock down by over 5% in a single session.

📊 STOCKS: $LICI | 🏢 SECTOR: CapitalMarkets | #HIGHIMPACT #StakeSale