ICICI Securities has reaffirmed its BUY rating on Life Insurance Corporation of India (LIC), with a revised target price of Rs 1,040, reflecting a 37% upside potential from the current market price

LIC Share price declined 2.15 percent on Friday but as the Life Insurance major reported strong quarterly numbers over the weekend, we can expect focus on LIC stock on Monday.

Market expert Ashish Chaturvedi has suggested five BUY Calls and no SELL Call for today’s trade. Indian markets are expected to open positive today but trade is expected to remain range-bound.

Ace investor Rakesh Jhunjhunwala has raised his stake in Lupin during the last quarter. Pharmaceutical sector has witnessed strong performance after COVID-19 pandemic led to lockdowns.

Yes Bank has hit upper circuit after reports of LIC raising stake in the private sector lender. After facing months of uncertainty and troubles, Yes Bank has finally seen positive news.