The momentum indicators and oscillators on the weekly scale are very well on buy mode. The volatility index --India VIX -- has also started cooling down which is giving comforts to the bulls
Shares of Zee Entertainment Enterprises fell 3.7 per cent and that of Bharti Infratel ended flat. The two companies will be removed from the bluechip index
Over Rs 650-cr selling in Zee, Infratel
HDFC Life Insurance will replace Vedanta in the Nifty50 index with effect from Friday, July 31, 2020
Value of new business, a measure of profitability for life insurers, was down 43 per cent to Rs 291 crore in Q1FY21 from Rs 509 crore
HDFC Life Insurance Company is scheduled to declare its earnings for first quarter of this fiscal year 2020-21 later in the day
Insurers have made a leap from manual paper-bound process to end-to-end paper-less or digital-based selling through all the channels of distribution
The commentary by technical analysts has moved from 'sell on rallies' to 'buy the dips', with most expecting the bullish momentum, seen over the past three weeks, to sustain
The share sale was conducted at Rs 496.4 per share
Prior to this, Standard Life had sold 4.95 per cent stake in HDFC Life for Rs 5,750 crore in October 2019, and had offloaded 3.3 per cent stake in the insurance firm in August last year
According to bulk deal data available with the BSE, a total of 26,000,000 shares of HDFC Life Insurance Company were sold by its promoter HDFC
At 09:40 am, around 26.2 million equity shares, representing 1.3 per cent of total equity of HDFC Life Insurance, changed hands through block deals on the BSE
As a remedy, life insurers are looking to provide short-term credit - known as bridge loans - to policyholders.
Coronavirus pandemic will bring a 'paradigm shift in how people view insurance in India', says Vibha Padalkar in an interview.
At present, traders are advised to stay light and should ideally continue focusing on individual stocks
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Billion-dollar deals aplenty for right business
The Life Insurance Corporation differs from its listed peers in a number of ways, and these should be factored into its valuation prior to its proposed initial public offering
Net premium income saw a 13% rise to Rs 7,854 crore in Q3 versus Rs 6,897 crore in the year-ago quarter
Following the deal, shares of HDFC Life spurted 5.43% to hit their 52-week high of Rs 643.50 in intra-day trade the BSE