Nifty50 and Sensex fell over 4% due to Middle East tensions and a shift of FII funds to cheaper Asian markets. IT stocks remained resilient amid this decline. Retail investors are advised to be cautious and avoid bottom fishing in Mid and Small Caps. Sectors such as healthcare, pharma, and IT are showing strength.
HDFC Life Q4 Results: Cons PAT rises 15% YoY to Rs 475 crore, revenue jumps 16%
The company’s board also recommended a final dividend of Rs 2.10 per equity share for the financial year 2024–25.