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Insurance companies stocks zoom after FM announces increase in FDI in the sector

01 Feb 2025 Evaluate

Shares of India's insurance companies gained as government announced the increase in Foreign Direct Investment (FDI) in the sector

HDFC Life Insurance Company is currently trading at Rs. 648.50, up by 10.35 points or 1.62% from its previous closing of Rs. 638.15 on the BSE. The scrip opened at Rs. 643.80 and has touched a high and low of Rs. 667.25 and Rs. 637.55 respectively. So far 112358 shares were traded on the counter.

ICICI Lombard General Insurance Company is currently trading at Rs. 1878.85, up by 21.10 points or 1.14% from its previous closing of Rs. 1857.75 on the BSE. The scrip opened at Rs. 1864.20 and has touched a high and low of Rs. 1906.55 and Rs. 1864.20 respectively. So far 3337 shares were traded on the counter.

SBI Life Insurance Company is currently trading at Rs. 1501.05, up by 16.70 points or 1.13% from its previous closing of Rs. 1484.35 on the BSE. The scrip opened at Rs. 1494.85 and has touched a high and low of Rs. 1526.85 and Rs. 1464.50 respectively. So far 30100 shares were traded on the counter.