LIC jumped 9 percent to Rs 674.65, GIC surged 14 percent to hit a fresh 52-week high of Rs 301.80 and NIACL, too, galloped to fresh 52-week high of Rs 208 after gaining 17 percent
NIACL is scheduled to hold an investor and analyst meeting on Wednesday, November 2023 to discuss the company’s financial performance in the September 2023 quarter and first half of the ongoing fiscal year.
Stocks that were in focus include names like The New India Assurance Company which rose more than 5%, General Insurance Corporation which gained nearly 6% to hit a fresh 52-week high and Welspun India which was up over 6% during the session.
General Insurance Corporation's stock jumped 18.94 per cent to hit a day high of Rs 185.60 over its previous close of Rs 154.70. In the case of New India Assurance, the stock surged 15.86 per cent to touch Rs 127.50 against a previous close of Rs 110.05.