Shares of HDFC Life Insurance on Monday fell over 3% to the day s low at Rs 615 after the private insurer s APE (annual premium equivalent & VNB (value of new business) declined by 2% YoY, softer than estimates, in Q2.
The domestic equity market closed lower on Friday. Sensex slipped 125 points to end the session at 66,282 and Nifty lost 43 points to settle at 19,751. Here s a look at stocks that are likely to remain in action next week.
Stocks in focus today: Market to remain range bound with positive bias driven by results from index heavyweights. Bajaj Auto, Tata Consumer Products, Bajaj Finance, and Maruti Suzuki are among the stocks to watch on Wednesday, Apri 26, 2023.
HDFC Life has reported a 26 per cent decline in its net profit on a year-on-year basis in the April-September period on higher claims reserving warranted by the 2nd Covid wave.