Indian equities showed resilience, with the Nifty nearing 26,100 despite global weakness. While headline indices hit all-time highs, broader market sentiment remains cautious. Experts advise a defensive approach, reducing leverage, and focusing on capital protection amidst divergent market signals.
IRDAI proposes clawback of commissions in case of mis-selling
Under the proposed framework, distributors could be rewarded for the quality of sales and servicing, while commissions could be clawed back in cases of mis-selling.