GlobeVerge
Home / india
MARKETS
Government To Sell 6.5% Stake In LIC For Over Rs 30,000 Crore
If fully subscribed, the sale of over 82.22 crore shares or a 6.5 per cent stake at the given floor price will fetch about Rs 31,000 crore to the disinvestment kitty.
Steady / neutral60%
PositivePossible support for stability, investment or market confidence
RiskInflation, volatility, borrowing costs or weaker growth
More in Finance
GlobeVerge Signal: A transparent, keyword-based read on this story's tone and stakes—not financial, political or safety advice. The summary above is the original publisher's excerpt, not AI-generated or rewritten by GlobeVerge. Open the original source link before acting on any story.