Tag: LIC
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LIC Housing Finance Navigates Mixed Financial and Technical Signals in Market Shift
Technical Indicators Signal Caution The recent market assessment of LIC Housing Finance has been influenced significantly by changes in technical trends. The stock’s technical outlook has shifted towards a more cautious stance, with weekly and monthly indicators presenting a predominantly bearish tone. The Moving Average Convergence Divergence (MACD) on a weekly basis signals bearish momentum,…
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ICICI Prudential Mutual Fund Increases Stake in LIC Housing Finance to 5.22%
ICICI Prudential Mutual Fund, under its various schemes, has bought additional shares of LIC Housing Finance, raising its stake in the company to more than 5%. In a regulatory filing on Wednesday, ICICI Prudential Asset Management Company announced the details of the acquisition of equity stake in LIC Housing Finance. ICICI Prudential Mutual Fund acquired…