markettrend766
24-08-2008, 11:13 AM
HI MEMBERS , DUE TO NEW IRDA RULES THE ANY INSURANCE COMPANY HOLDING MORE THAN 10% STAKE IN ANY LISTED COMPANY HAS TO OFFLOAD THE STAKE AND MAINTAINE AT LESS THAN 10%
IT IS A FACT THAT BY THIS RULE AROUND 50000 CRORES OF RUPEES WILL BE COMING TO THE OPEN MARKET BY THE INSURANCE COMPANY WHICH ARE HOLDING IN EXCESS OF 10% STAKES IN INDIVIDUAL STOCK.
LIC HAS TO OFFLOAD STAKE IN FOLLOWING THESE COMPANIES SO MARKET MAY REACT NEGATIVELY.
THE COMPANIES ARE
L & T
BHEL
RCOM
M &M
RIL
BHARTI AND MANY MORE
SO BE CAUTIOUS
MARKETTREND766
IT IS A FACT THAT BY THIS RULE AROUND 50000 CRORES OF RUPEES WILL BE COMING TO THE OPEN MARKET BY THE INSURANCE COMPANY WHICH ARE HOLDING IN EXCESS OF 10% STAKES IN INDIVIDUAL STOCK.
LIC HAS TO OFFLOAD STAKE IN FOLLOWING THESE COMPANIES SO MARKET MAY REACT NEGATIVELY.
THE COMPANIES ARE
L & T
BHEL
RCOM
M &M
RIL
BHARTI AND MANY MORE
SO BE CAUTIOUS
MARKETTREND766