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 preferences.The sector continues to expand, driven by rising demand, increasing financial literacy, and regulatory efforts to boost product awareness.The firm believes that large private insurers are well-positioned to capture this growth.The brokerage firm initiated buy rating on HDFC Life Insurance, ICICI Prudential, SBI Life Insurance, and a hold rating on LIC of India, and Max Financial Services.
SEBI’s revised TER framework a net positive for listed AMCs: Sunil Subramaniam
Asset management company stocks are seeing a sharp rise. Regulators have eased proposals on expense ratios. This has led to a positive outlook for listed