Ahead of LIC listing, grey market premium vanishes
The unofficial trades in the grey market for LIC shares ahead of its listing on Tuesday have gone into a discount to the final offer price of Rs 949 per share. This indicates some listing day gains for policyholders and retail holders but marginal losses for others.
Exactly 28 years back, the Indian government had refused to send the badminton contingent to the 1994 Commonwealth Games as it was so confident that they cannot finish in the top-6, that too competing with the likes of England, Australia, New Zealand, Sri Lanka etc.
