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After Israel & Iran attack on each other, crude oil increased by 3 percent. Middle East conflict will have an impact on all oil related stocks like OMCs, paints, tyres & aviation.
GQG has been adding stocks across infrastructure, consumer goods and energy sectors in the India equity market which topped the $4 trillion mark, cementing its status as one of the best performers in the emerging world.
The LIC stock opened at ₹1,068 per share on Monday's trading session, up by 2.7 percent from previous close at ₹1,039 per share on Friday last week.
LIC's shares have surged 80% in the past three months, making it India's most valuable PSU company and the fifth most valuable Indian listed company. In today's trading session, the stock soared to another record high of ₹1,175 with a gain of 6.3%.
LIC's stock climbed 1.9% on Tuesday, to close at its highest level since its IPO in May 2022. The climb over the past 10 months has coincided with a broader surge in Indian equities thats added some $30 billion to LICs market value.