Market expert Nischal Maheshwari expresses optimism about the insurance sector. He favors life insurance companies like SBI Life and LIC due to their appealing valuations. Maheshwari notes the underperformance of insurance in recent years, but sees a changing landscape. He also believes a fixed tax bracket would benefit gas companies.
GDP data, crude prices among 7 factors likely to steer D-Street this week
Indian equities are likely to take cues from a slew of domestic and global factors this week, including India’s first-quarter GDP data, US jobs numbers,