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The combined market valuation of six of the top-10 most valued firms eroded by Rs 1,73,097.59 crore last week, with HDFC Bank and Life Insurance Corporation of India taking the maximum hit in line with weak equities. Last week, the BSE benchmark tanked 1,213.68 points or 1.64 per cent.
The market valuation of HDFC…
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Updated May 10, 2024 | 04:39 PM ISTSBI, LIC, HDFC Bank-backed stock: At the current market price, the bank’s shares are trading above its 200-day exponential moving average (EMA). (Image: iStock/ET NOW News)SBI, LIC, HDFC Bank-backed stock: An HDFC Bank-, SBI-, and LIC-backed banking stock has been on a declining trend, falling for the past nine consecutive days. The private sector bank is a constituent of S&P BSE 100 and boasts a market cap of Rs 64,698.97 crore. The private lender under…
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Updated May 10, 2024 | 04:39 PM ISTSBI, LIC, HDFC Bank-backed stock: According to data rooted from Tendlyne, leading banks including State Bank of India (SBI) and HDFC Bank are among the shareholders in the private bank. SBI, LIC, HDFC Bank-backed stock: At the current market price, the bank’s shares are trading above its 200-day exponential moving average (EMA). (Image: iStock/ET NOW News)SBI, LIC, HDFC Bank-backed stock: An HDFC Bank-, SBI-, and LIC-backed banking stock has been on a…
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Shares of life insurance companies gained traction in Friday’s trade (May 10, 2024) after the companies from the space reported robust premium numbers in the previous April month on the back of low base. This is in sharp contrast to the previous year when the industry witnessed a degrowth in new business premium (NBP).
LIC shares in early trade climbed nearly 4 per cent to day’s high of Rs 935. Other insurers including ICICI Prudential Life Insurance Company, HDFC Life Insurance and SBI…
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Base effect: Fuelled by LIC, life insurers clock 61% NBP in April Business StandardInsurance players start FY25 on a positive note as premium flows rise, say Kotak analysts MoneycontrolLIC shares climb up to 4% on robust jump in premium last month; SBI Life, HDFC Life gain up to 1% Zee BusinessLife insurers’ new business premium surges 61% in April to ₹20,259 crore The HinduLIC’s 113% premium collection growth drives stellar surge in insurance sector for…
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Shares of life insurance companies gained traction in Friday’s trade (May 10, 2024) after the companies from the space reported robust premium numbers in the previous April month on the back of low base. This is in sharp contrast to the previous year when the industry witnessed a degrowth in new business premium (NBP).
COMMERCIAL BREAKSCROLL TO CONTINUE READINGLIC shares in early trade climbed nearly 4 per cent to day’s high of Rs 935. Other insurers including ICICI Prudential Life…
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In this edition of Traders’ Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Friday, May 10, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Nupur Jainkunia’s radar.
COMMERCIAL BREAKSCROLL TO CONTINUE READINGHere’s the complete list of investment and trading ideas for the day:
Kushal Gupta
Cash Segment Stock Pick: Suryoday Small Finance Bank
Buy Suryoday Small Finance Bank shares in the cash segment…
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Updated May 9, 2024 | 12:20 PM ISTBharat Forge Share Price Target 2024: LIC-backed auto stock: Shares of LIC- backed auto & defense component manufacturer company Bharat Forge are marching northward on the bourses on Thursday. Brokerage firm CITI has shared their views on the company’s stock for the shareholders. Bharat Forge’s stock opened with gains at Rs 1,409.95 and sprinted to Rs 1,445, just Rs 1.65 shy of its 52-week high of Rs 1,446.55 on BSE on Thursday.(Image: istock/ET Now…
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The stock gave multibagger returns of 175 per cent from its 52-week low of Rs 24.97 per share and a whopping 540 per cent in 3 years.
Today, shares of IRB INFRASTRUCTURE DEVELOPERS LTD (IRB) backed by Life Insurance Corporation of India (LIC) gained 4.31 per cent to an intraday high of Rs 68.87 per share from its previous closing of Rs 67.63. The stock’s 52-week high is Rs 73 and its 52-week low is Rs 24.97.
IRB…
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More than a year after Life Insurance Corporation’s (LIC) Raichur Division refused a claim by a widow, the Raichur District Consumer Disputes Redressal Commission has directed it to pay ₹4.75 lakh with 6% interest to her.The Redressal Commission has also directed LIC to pay ₹10,000 penalty for deliberately delaying settling the claim and ₹5,000 as litigation cost.After Badeppa’s death on November 14, 2022, his wife, Sridevi, came to know that her husband had bought a life…
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