Faith of millions of Indian small investors put to test with LIC debut - Business Standard

The 65-year-old firm has almost $500 billion in assets, 250 million policy holders and makes up almost two-thirds of the market.

Millions of Indians investing in the country’s biggest listing could turn sour on the equity market if the stock follows the poor performance of its state-run predecessors. Prime Minister Narendra M… [+4979 chars]

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