18 Feb 2026 | 5 Mins Read
LIC shifts to IT stocks, exits banks from portfolio
Flipitmoney
LIC invested Rs 3,136 crore in TCS and Rs 2,293 crore in HCL Technologies. It also bought Coforge, Sun Pharma, NMDC, Bajaj Auto, and Coal India. LIC dumped Financial services stocks, including Rs 3,080 crore in State Bank of India (SBI), Rs 1,528 crore in HDFC Bank, and Rs 1,173 crore in Bank of Baroda, and slashed stakes in Larsen & Toubro, Reliance Industries, Hindalco, and Vedanta.