5 Stocks which can benefit with LIC IPO

Life insurance corporation (LIC) IPO is likely in the second half of the year 2021. LIC is the biggest aggregator of insurance policies with more than 25 Crore clients under its belt. The insurance sector is likely to get a good incentive post LIC IPO. Successful IPO of LIC will also lead to rerating of PSU stocks too as it shows govt intent of privatisation.

We are going to see numerous companies that are going to benefit with LIC IPO are as follows:

So, you can consider going for these stocks as a systematic investment plan and you can also consider using the Short term investment tips to make money by holding for a few days.

• BajajFinserve 
• CDSL - beneficiary of Demat account growth
• Kotak Bank
• LIC Housing Finance
• SBI

The market will be bullish after LIC IPO as a 10% IPO allotment is reserved for policyholders and thus it is going to give an impetus to more Demat accounts and thus the market will be bullish in times to come. LIC will enter the index and thus it will lead to rerating the LIC IPO.

Please undertake due diligence before investing in the marke and invest as a systematic investment plan.