LIC Buys Shares Worth Rs 19,400 Crore in Q3: Key Additions and Market Impact

In Q3 FY25, LIC made significant share purchases worth Rs 19,400 crore. Key additions include Hyundai Motor India, NTPC Green Energy, Maruti Suzuki, Nestle India, and Procter & Gamble Hygiene.

Despite market corrections, LIC’s portfolio value was Rs 15.29 lakh crore at the end of Q3. LIC increased its stake in 81 existing stocks and added eight new ones. However, it reduced holdings in 87 stocks and exited eight others. Key reductions included Tata Power, Infosys, and HCL Technologies.

LIC’s proactive approach contrasts with foreign investors, who sold shares worth Rs 11,788 crore during the same period. Domestic institutional investors (DIIs), including mutual funds, continued aggressive buying, investing Rs 1.86 lakh crore in Q3. This showcases strong market confidence and resilience.

LIC’s strategic investments are expected to support the market, even amid uncertainties. Observers will be watching to see how these moves impact overall market dynamics and the performance of the added companies.