SBI General Insurance in Mumbai has shown strong performance. The company increased its market share among private insurers to 6.19% in the June quarter. This represents a gain of 78 basis points. Key growth came from health and motor insurance. The insurer’s market share increased by 72 bps and 47 bps in these segments, respectively.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Market expert Nischal Maheshwari advises investors to focus on fundamentals amidst market volatility. He notes large-cap growth remains single-digit, banks are poised for margin improvement,