India’s LIC shares tumble 7 per cent in market debut after record US$2.7 billion IPO

By Bloomberg

At one point on Tuesday, LIC shares plunged as much as 9 per cent before paring losses. LIC dominates India’s insurance sector with more than 280 million policies.

Source: India’s LIC shares tumble 7 per cent in market debut after record US$2.7 billion IPO