Shares of Life Insurance Corp of India (LIC), India’s biggest insurer, gained nearly 10 per cent Friday on the back of buying support.
LIC shares closed with a gain of 9.69 per cent at Rs 677.65 on the BSE on Friday. Cumulative traded volume on the BSE and the NSE increased from 7.62 lakh to 8.50 lakh over the last three days. Total turnover during the same period increased from Rs 46.68 crore to Rs 52.23 crore.