Nifty declined 216.05 points 1% at 22,488.65 on Thursday, led by strong selling pressure in most sectors. It has now reached the support cluster of 22,460–22,500, where support parameters in the form of the 20-day moving average and the 50% Fibonacci retracement level are placed.
Hedge with insurance stocks: HDFC Life, SBI Life, & ICICI Prudential may offer 16-20% returns
Asit C. Mehta brokerage firm has initiated coverage on the life insurance industry, highlighting its strong growth potential despite recent regulatory challenges and shifting consumer