The chances of LIC IPO hitting the market in financial year 2021 is very low, given a slew of challenges.

The press conference was seen as a bid to assure its employees amid reports of dissention.

In a special trading session on Saturday, Sensex logged its biggest single-day decline in more than three years.

HDFC and IndusInd contributed the most to Sensex losses, dropping 1.37% and 4.12%.

Friday’s rally of more 2,000 points was supported largely by DIIs.

“By adopting technology, there are hoping there will be smooth tax scrutiny,” she said.

It was wrong to expect too much from the Budget, says Credit Suisse Co-head of Equity Strategy.