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Shares of Life Insurance companies took a dip, falling as much as 8% on the BSE on Thursday after reports suggested that the insurance regulator IRDAI is considering limiting a parent bank's contribution to an insurer's total bancassurance business.
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News and Media
China threatened to "resolutely crush" any Taiwan independence attempts as Taiwan's President Lai Ching-te prepares for a Pacific tour. Lai's trip includes stops in Hawaii and Guam, along with visits to three Pacific island nations that recognize Taiwan. China opposes any official contact between Taiwan and other countries and views such interactions as supporting Taiwan's legitimacy.
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News and Media
The domestic brokerage values the Nifty at its 15-year average P/E ratio of 19.1x, using a September 2026 EPS estimate of 1,434, to derive a 12-month target of 27,381 (revised from 27,867). In a bullish scenario, the Nifty is valued at a P/E of 20.1x, resulting in a revised bull case target of 28,750, down from the earlier 29,260.
Category:
News and Media
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