LIC 1:1 bonus bonanza: Is today the last day to buy shares for free rewards?
Takeaway: LIC has set May 29 as the record date for its maiden 1:1 bonus issue, making May 27; RBI and liquidity cues travel first through banks, rates and rate-sensitive sectors.
Read-through
Why it matters: Policy liquidity can support or cap investor confidence, but the market needs Bank Nifty and local yields to confirm it.
India impact: Bank Nifty, realty, autos and NBFCs are the direct checks; broad Nifty weight needs domestic market participation.
Watch: Watch G-sec yields, Bank Nifty session average and rate-sensitive market participation after the open.