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LIC opens to lukewarm response on share market Twitter reacts with memes

The country's largest insurer, Life Insurance Corporation of India (LIC), on Tuesday listed its shares at a discount of 8.11 per cent. Twitter is replete with memes summing up the current mood of investors.

LIC Debuts on Dalal Street: Macquarie sets target price at Rs 1,000

Macquarie added that inherent volatility in Embedded Value is another big challenge given a substantial portion of EV constitutes marked-to-market unrealised equity gains. 

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