Today I am going to tell you about the four public sector general insurance company, which are planning to be part of the stock market: New India Assurance, National India, United and Oriental India and National Re-insurer General Insurance Corp.
Insurance company(Insurers) bracing for a nudge from the govt. to think about a public flotation and list their shares within the next year. Like all different businesses, insurance firms too would take a success on account of the economic lag. Demand for his or her product might return down, leading to low-key operations.
Coming back to the NSE-BSE, CNX Nifty trading above 6 points or a change of 0.05% at Rs. 8717.65. Gail, HDFC, HUL, NTPC were among the gainers while Lupin, NMDC, SBI, Tata Motors were among the losers. Sensex down at 28698.rs with (-9.05)points or a change of -0.03%. ONFC, Coal India, Cipla, Bhel drops down and shows in a red sign.