Life Insurance Corporation (LIC) has increased its stake in Indiabulls Housing Finance by 2.03%, as it has bought 86.75 lakh shares in the open market.

In a filing to BSE, LIC stated that, it earlier had 5.19% stake in Indiabulls Housing Finance and now its holding has increased to 7.23%, as it has bought shares between September 28 and November 13,2017 in Indiabulls Housing Finance.

Read EquityPandit’s Technical Analysis of Indian Stock Market