Stocks to buy: SBI Life, DMart and LTIMindtree on investors’ radar
Equity indices rallied for the third session on the trot on Thursday, helped by a rally in global markets after lower-than-expected US inflation ignited hopes of more rate cuts by the Fed. Stocks that were in focus include names like SBI Life, which rose 3% and DMart, which gained 1% and LTIMindtree, whose shares jumped…
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Life Insurance sector has strong growth potential amid regulatory changes; HDFC Life, SBI Life top picks
The Indian life insurance sector is on the cusp of significant growth, driven by a series of regulatory changes that are now providing more clarity and stability. Over the past few years, the industry has faced numerous challenges, such as new taxation rules on ULIPs and non-linked products, as well as revised surrender charges. While…
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SBI Life shares climb 3% to 52-week high after Q1 results. Should you invest?
Shares of SBI Life climbed 3% to hit a 52-week high at Rs 1,684 in Thursday’s trade on BSE after the firm reported a standalone net profit of Rs 520 crore for the first quarter ended June 2024. This is a growth of 36% from Rs 381 crore posted in the same quarter last year….
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