Insurance stocks gain on FDI increase proposal
Government is confident of passing legislation to allow more foreign investment
Mumbai: Reliance Capital rises 1.5 per cent, Max India gains 0.8 per cent. Bajaj Finserv rises 0.3 per cent and Exide Industries advances 1.3 per cent.
Government confident of passing legislation to allow more foreign investment in the insurance sector.
Month-long parliament session to begin later in the day.
( Source : reuters )
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