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
Verizon Communications Inc said it had agreed to buy Yahoo Inc's core internet business for $4.83 billion in cash, ending a lengthy sale process for the fading Web pioneer. Full Article