Shares of LIC Housing Finance have gained by 1.5 per cent to Rs 234. Reports stated that the company cut interest rates by 75 basis points, effective January 1, for its existing home loan borrowers after a reduction in its cost of funds.
The scrip has touched an intra-day high of Rs 234 and a low of Rs 230 and has recorded volumes of over 1,00,000 shares on NSE.
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