SBI Life & other insurance stocks tumble up to 8%. Here’s why

Shares of Life Insurance companies took a dip, falling as much as 8% on the BSE on Thursday after reports suggested that the insurance regulator IRDAI is considering limiting a parent bank’s contribution to an insurer’s total bancassurance business.

More To Explore

6 penny stocks soared 20-60% in a week

Our selection criteria focused on stocks with a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume