LIC Could Withdraw Its Investment Despite Jefferies Downgrade, Analysts Note

Life Insurance Corporation of India has several reasons to pull its money from a holding even after brokerage Jefferies cut its rating on the stock. The analysis points to factors that could justify the insurer's continued or intensified selling despite the negative call. The article's full details could not be retrieved from the provided text, so this summary is limited to the headline's core claim. Readers are advised to consult the original Economic Times report for the specific reasons and figures cited.