The initial public offer (IPO) of public sector insurance giant Life insurance Corporation (LIC) has opened for subscription today.
The issue, which is slated to close on May 9, will remain open for subscription on Saturday as well. This is an unusual move aimed at attracting investors including retail buyers for the nation’s biggest share sale, reports suggest.
The issue, which is slated to close on May 9, will remain open for subscription on Saturday as well. This is an unusual move aimed at attracting investors including retail buyers for the nation’s biggest share sale, reports suggest.
That said, there are several other listed PSU stocks that look attractive on the charts and can gain ground in the days ahead provided the overall market momentum stays bouyant.
NTPC Ltd (NTPC)
Likely target: Rs 180
Upside potential: 10%
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