The Life Insurance Corporation of India (LIC), one of the largest investors in the Indian market, sees the current correction as an opportunity to buy stocks. <br /> <br /> <br />“I think it is the right time to buy”, LIC Chairman M.R. Kumar said in an interview on Friday. <br /> <br />Speaking with Business Today TV managing editor Siddharth Zarabi, Kumar said maintained that LIC has always been a contrarian investor. “We will always buy in a falling market and sell in a rising market”, he said.
