Life insurers in India are seeking regulatory approval from Irdai to invest in gold ETFs, driven by their impressive returns exceeding 30% in the last year. This move aims to diversify portfolios within ULIPs and hedge against market volatility, as traditional assets offer lower returns.
Stock selection key as mid & smallcaps offer alpha opportunities: Pankaj Murarka
Indian stock markets are set for new peaks by the end of this year. Experts see a broad economic recovery, with financials leading the charge.