The Indian insurance sector anticipates a subdued quarter ending in June. Life insurance growth slows due to regulations and a high base. General insurance feels the impact of weaker consumption. Axis Max Life is expected to lead APE growth. Health insurers face challenges from new rules and rising claims. ICICI Lombard’s premium income remains flat.
US stocks today: S&P 500 hits record closing high on AI optimism, Micron joins $1 trillion club
US stocks closed mixed with Nasdaq and S&P 500 hitting record levels as AI-driven optimism lifted tech and chip stocks. Micron surged into the $1