LIC stock may be held for long term if there's no listing gain: Experts

"If you hold on to this stock for more than three years, you are likely to earn decent returns," says Vikas Gupta, founder and chief executive officer, OmniScience Capital on LIC being listed today

A large number of investors have opened new demat accounts just for the Life Insurance Corporation (LIC) of India’s initial public offer (IPO) which lists on Tuesday. There has also been a massive influx of new investors into the equity market since March 2020.

All these investors are currently experiencing their first sustained market correction.

No listing gain? Hold on for long term

Given the volatile market conditions amid which LIC’s stock is listing, there is a possibility that it may not provide listing gains. New investors who have got an allotment should not feel disappointed if this