"Once listed on the exchanges, Life Insurance Corporation (LIC) is expected to be pinned on global portfolio watchlists, said financial services provider Avener Capital. The insurer's long-awaited Initial Public Offering (IPO) is likely to open for investors on May 4 and will remain open to subscription till May 9. It will be the largest and landmark public issue in the history of the Indian capital market."

"The hike in the repo rate has been announced to mitigate the results of spiking inflation rates in the economy. As the RBI announces withdrawal of its accommodative stance, this move might hint at the RBIs willingness to further tighten the liquidity in the forthcoming time. The long term impact of this rate hike across markets shall be an interesting sight"