Shares of Life Insurance Corporation (LIC) have turned red in the last two sessions with market turning highly volatile due to negative global cues. LIC stock has fallen 4.54 per cent in two sessions on BSE. The stock, which closed at Rs 690.45 on June 15, fell to Rs 659.05 on BSE today. It had ended in the red for 10 consecutive sessions preceding June 14 ahead of the end of anchor investor lock-in period.