The government’s 100% FDI in insurance is expected to boost sector penetration rather than disrupt established players, according to Nitin Raheja. While smaller insurers may benefit from capital infusion, larger ones are well-capitalized. The move also allows combined life and general insurance operations, offering scale benefits and a positive outlook for the sector.
Positive Breakout: These 5 stocks cross above their 200 DMAs
In the NSE list of stocks with a market cap over Rs 10,000 crore five stocks’ closing prices crossed above their 200-day moving averages (DMA)