Life Insurance Corporation of India (LIC) has made a striking portfolio reshuffle, sharply increasing exposure to information technology stocks while trimming stakes in major banking and industrial names. The move comes amid market anxiety over artificial intelligence disrupting India’s IT services model. Contrarian Bet on IT Sector During the December…
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Infosys Earnings Boost Sensex, Nifty Climb on Jan 18
Indian stock markets closed higher on Friday, January 18, as a strong Q3 earnings surprise from Infosys lifted IT stocks and reignited investor risk appetite. The BSE Sensex surged to an intraday high of 84,134.97, while the NSE Nifty 50 touched 25,873.50. Despite profit booking later in the session, the…