The insurance industry was highly impacted by the Covid-19 pandemic. The total amount of death claims paid by all insurers surpassed Rs 60,000 crore in the first nine months of FY22, over two times higher than the death claims paid for the corresponding period in FY21, which was nearly Rs 29,500 crore. Covid-19 has brought significant awareness about insurance.
Tech View: Nifty charts throw up dark clouds. What traders should do next week
Nifty’s short-term trend seems to have reversed down after a reasonable rise from the lows. Immediate support is placed at 22,300 and the weakness below
April 26, 2024