HDFC Life Insurance share price declined 4% after announcing plans to raise Rs 1,000 crore from HDFC Bank via preferential issue, alongside March quarter earnings growth. Profit rose 4% YoY, while premiums grew 9%. Brokerages remain mixed, with target prices ranging from Rs 725 to Rs 745 amid growth concerns.
Small & midcap funds remain top bets for investors as largecap inflows slump
During the first half of FY27, mid-cap funds received ₹38,043 crore and small-cap funds attracted ₹42,212 crore. This increased their share in total equity inflows