Up in smoke! LIC loses over ₹11,400 crore in 2 days amid 14% crash in ITC shares on tobacco tax hike

Up in smoke! LIC loses over  ₹11,400 crore in 2 days amid 14% crash in ITC shares on tobacco tax hike

ITC’s stock price recorded its worst one-day fall in nearly six years as it crashed 10% on Thursday. The blue-chip stock further saw a 5% decline in trade today to a fresh 52-week low of ₹345.25 on the NSE.

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