Reuters Market Eye - Shares in insurance companies surge on hopes that the new government may raise foreign direct investment limit in the sector to 49 percent from 26 percent, multiple dealers say.
Max India (MAXI.NS) surges 8.7 percent, Reliance Capital (RLCP.NS) advances 5.4 percent and Bajaj Finserv (BJFS.NS) gains 4.4 percent.
(Reporting by Abhishek Vishnoi)
Trending On Reuters
Two founding members of anti-establishment political Aam Aadmi Party (AAP) were ousted from its top decision-making panel on Saturday, deepening the rift in the party that is seen as a potential challenger to Prime Minister Narendra Modi. Full Article
Iran, powers close in on 2-3 page nuclear deal; success uncertain - officials Full Article