Despite Nifty’s pressure, earnings expectations offer optimism, especially for financials. However, foreign investors have more emerging market options, leading to selling. Fund managers remain constructive on select stocks, with a preference for largecaps and some midcaps, as opportunities emerge from market corrections.
Insurance reforms set India on path to universal coverage by 2047: R Doraiswamy
India’s Insurance Act Amendment Bill, ‘Sabka Bima Sabki Raksha,’ aims for a structural overhaul of the insurance sector, including amendments to the LIC Act. The