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How much does LIC loss in Adani stocks

By nihalshaikh9881 | February 24, 2023February 24, 2023 by nihalshaikh9881

How much does LIC loss in Adani stocks, Life Insurance Corporation of India (LIC), the biggest domestic institutional investor, has witnessed an enormous notional loss of Rs 49,728 crore on its investments in the Adani group stocks. The combined market value of LIC’s investments in seven Adani stocks namely Adani Enterprises, Adani Green Energy, Adani Ports and Special Economic Zone, Adani Total Gas, Adani Transmission, Ambuja Cements and ACC plunged to Rs 33,242 crore as…

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5 Most Overvalued Stocks in India

By nihalshaikh9881 | January 13, 2023 by nihalshaikh9881

5 Most Overvalued Stocks in India, After a year full of uncertainties, there are fewer overvalued stocks in the Indian share market right now. Inflation scare, Russia-Ukraine conflict, among other reasons caused a market correction so deep that many stocks fell like nine pins. Their absurdly high valuations were not justified. As we move into a new year, let’s take a look at the top overvalued stocks in India right now and what lies in store for them in…