The Ram Mandir pran-pratishtha is set to transform the ancient city of Ayodhya to a global religious and spiritual tourist hotspot, which comes up at the cost of Rs 1,800 crore.
Global brokerage firm Jefferies, in a report, said that the Ram Temple in Ayodhya is expected to have a big economic impact. It introduces a new tourist spot for India, which could attract over 5 crore tourists every year.
An analysis of shareholding patterns of BSE-listed companies shows that LIC dumped at least 84 stocks like Tata Motors, Reliance Industries (RIL), Dr. Reddy s Laboratories, TVS Motor, Dixon, ONGC, Reliance Power and Tata Elxsi.
The overall trend has definitely reversed from up to down as far as the Nifty or maybe the Bank Nifty and the Nifty financial services is concerned. I mean, the recent four days of fall, which we had seen, I mean, all of these indices have completely changed the trend.