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.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest