LIC trimmed its stake in BSE Limited from 5.57% to 4.51%, selling 43,27,556 shares.
India's oldest stock exchange, BSE operates a comprehensive multi-asset trading platform from its iconic Dalal Street location in Mumbai. The exchange facilitates trading across equities, currencies, debt instruments, derivatives, and mutual funds, serving as critical infrastructure for India's capital markets. BSE distinguishes itself through its historical significance, deep market liquidity, and role as a trusted intermediary connecting investors, issuers, and traders across the nation.
India's largest domestic institutional investor with over Rs 56 lakh crore in total AUM, of which roughly Rs 15 lakh crore sits in listed equities. Holds stakes in virtually every major listed Indian company. When LIC builds or exits a position, it moves markets. Government-owned and mandated to invest policyholder funds in Indian equities and bonds, making it the ultimate long-only, long-term India bull.
