General Insurance Corporation of India shares saw a dip as the government initiated an Offer for Sale. Retail investors can now bid for a stake in the insurer. The offer has already attracted strong demand from institutional investors. Market analysts suggest caution for retail investors due to profitability concerns and industry headwinds.
General Insurance Corporation of India (GIC) shares declined 4% as the government's Rs 3,088 crore Offer for Sale (OFS) opened for retail investors. While institutional investors showed strong demand, market analysts advise caution for retail participants. This is due to ongoing…
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