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Market movers: LIC shareholders lose Rs 77K crore in four days; Paytm gets 4% lift ahead of Q4 show

LIC stock has fallen 13 per cent from its issue price of Rs 949 to Rs 826. In that process, shareholders of the company have lost over Rs 77,000 crore of their wealth. The company also lost its place as the fifth largest company as well as its market cap fell below HUL.