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Mid-Day Pulse: LIC sinking nearly 8%, dragging Nifty 50

Nifty 50 is at 24,509, down 1.07%, with the LIC OFS floor 11% below Monday's close fueling the slide. IT is off 1.40% on expiry unwinding while banks lose 1.22% ahead of the RBI call. Ather Energy is surging 14% to a fresh high on its first profit. Stocks moving: TCS, Infosys, KEI Industries, Ather. For more, askfuzz.ai

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