Indian market expected to consolidate following weak global cues. Nifty futures closed down at 22731 levels. Options data indicates a trading range of 22500 to 23000. Experts recommend buying Jubilant FoodWorks, Torrent Pharma, Hindalco, Dr. Reddy’s Labs, Asian Paints, and Exide Industries with specified targets and stop losses.
Hedge with insurance stocks: HDFC Life, SBI Life, & ICICI Prudential may offer 16-20% returns
Asit C. Mehta brokerage firm has initiated coverage on the life insurance industry, highlighting its strong growth potential despite recent regulatory challenges and shifting consumer