What should LIC investors do, LIC Share Buy Or Sell
What should LIC investors do : LIC Share Buy Or Sell : Hello BengolNews Family, We have Talk About What should LIC investors do In this Article, Find out the opinion of an expert : After the listing of LIC’s IPO with discounts, many questions are now rising in the minds of investors.
what should be done now, should the shares be sold at a loss or should they wait? Apart from this those who have not been allotted shares in IPO should buy shares now or wait a little longer? So let us know the opinion of an expert on this.
LIC’s shares are definitely kept in the portfolio | What should LIC investors do
Ocean Finvest founder Sameer Vora said that although the stock may not have started well in the stock market, it does not look like it will go down too much in the future.
Shares of LIC will prove to be profitable in the long run. People who have shares can now hold. New investors may benefit if they continue to buy these shares gradually. Rs. Buying these stocks below 1000 will be beneficial in the long run.
Investors have the opportunity to become shareholders of the largest insurance company in India. So investors should look at LIC stocks from medium to long term. Short term price should not be more important in LIC IPO. That is, I believe that LIC’s shares should definitely be included in the portfolio.
Investors should not rush to sell LIC stock
Nikhil Bhatt, a research analyst at InvestmentPoint, said that while market sentiment has been on a sell-off for foreign funds for some time now, the mega IPO has disappointed investors as well as local funds. In the coming days, as a technical level, the stock has strong support at the level of Rs 800. With the surface break of Rs 800, there is a possibility of heavy selling.
While there is usually a lot of chaos during the listing week, delivery-based investors should wait for a quarterly result instead of rushing to sell, then make a definite decision.
The stock will prove to be profitable in the long run
Gunjan Choksi, co-founder of Invest Align Securities, said that despite the weak list of LIC positives on this price issue, it is a solid opportunity for long-term investors.
Covid has been followed by awareness in insurance, which enables the sector to perform better in the long run. There is no company that matches the scale of LIC, which benefits LIC as a market leader. LIC is the largest insurance company in India with 66% and market share of 2048 branches.
Pingback: Aaradhya got engrossed in posing for photographers, Aishwarya gave such a reaction » Bengol News
Pingback: Adani Group announces takeover of Ambuja and ACC Cement Company for Rs 81,000 crore » Bengol News