Jitendra Panda of Peerless Securities told CNBC-TV18, "LIC Housing Finance has seen ups and downs, but then has not been able to cross Rs 215-220 levels. At this current level one can go short in it, keep Rs 210 as stoploss. We could see Rs 200 levels once more. That is where the positions are getting built up slowly and steadily and we are seeing some fatigue there on the higher levels."
At 13:16 hrs LIC Housing Finance was quoting at Rs 203.70, down Rs 2.05, or 1.00 percent. It has touched an intraday high of Rs 208.50 and an intraday low of Rs 203.10. The share touched its 52-week high Rs 300 and 52-week low Rs 152 on 02 January, 2013 and 04 September, 2013, respectively. Currently, it is trading 32.1 percent below its 52-week high and 34.01 percent above its 52-week low. Market capitalisation stands at Rs 10,279.99 crore.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
