NSE's banking sub-index gains 0.5 %, while IT sub-index falls 0.7 %
Mumbai: Life Insurance Corp 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,' stated dealers. NSE's banking sub-index gains 0.5 per cent while IT sub-index falls 0.7 per cent.
( Source : reuters )
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