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LIC makes a contrarian $2 billion move buying 10 stocks as markets fall
Economy
Published on 8 May 2026
LIC added shares in tech and telecom while prices slipped
During the March quarter’s market slump, Life Insurance Corporation of India deployed nearly $2 billion into 10 stocks, adding to positions in names such as Bajaj Finance, Bharti Airtel, TCS, and Infosys despite price declines. LIC also trimmed exposure in other holdings, signaling a selective contrarian strategy rather than broad buying.
- LIC invested nearly $2 billion in 10 stocks during the March quarter dip
- Buys included Bajaj Finance, Bharti Airtel, TCS, and Infosys
- LIC increased stakes in several companies even as prices fell
- Some holdings were reduced, showing selective rebalancing
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times