LIC Shows Positive Momentum Amid Broader Market Recovery and Mixed Performance Indicators

Life Insurance Corporation of India (LIC) has shown notable activity today, gaining 3.05% on March 5, 2025. The stock has outperformed its sector by 3.23%, marking a positive trend as it has experienced consecutive gains over the last two days, accumulating a total return of 3.83% during this period. The stock reached an intraday high of Rs 757.2, reflecting a rise of 3.26%.
In terms of moving averages, LIC's current performance is higher than its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day moving averages, indicating mixed short-term momentum.

In the broader market context, the Sensex has risen by 0.77% after a flat opening, climbing 545.40 points to reach 73,550.77. However, it remains 4.51% away from its 52-week low and is trading below its 50-day moving average. The mid-cap segment is leading the market today, with the BSE Mid Cap index gaining 2.12%.

Over the past month, LIC has faced challenges, with a decline of 10.39%, compared to the Sensex's drop of 6.03%. Year-to-date, LIC's performance is down 15.41%, while the Sensex has decreased by 5.87%.