Insurance Firms Gains As Analysts See Benefits From IRDAI’s Draft Rules

Shares of India’s insurance companies gained after analysts said the recent rules announced by the insurance regulator are potentially beneficial.Shares of The New India Assurance Company Ltd., SBI Life Insurance Company Ltd., Star Health and Allied Insurance Company Ltd, ICICI Lombard General Insurance Company, HDFC Life Insurance Company Ltd., and Life Insurance Corporation of India gained in intraday trade. HDFC Life and ICICI L…

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