LIC Dumped!
Thursday, March 8, 2012
Watch the Ticker on Friday open, LIC in two block deals of 4.6 mln shares till now, more could come...at INR 244.x per share
Cutting CRR a day before budget unlikely, More divestment in March and April , unlikely
Key developments awaited the ONGC subsidy allocation post budget and unfortunately the world will bewaiting action on food subsidies which would increase not just from Food security, Mamata sitting like the Hulk on FSubsidy reform, FDI and more of the mea culpas of this government's last hurrah!
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