Stock Market LIVE Updates: Indian equity benchmark BSE Sensex and NSE Nifty50 jumped on Tuesday in a rebound following two days of losses, amid strength across most global markets after a rally in growth stocks on Wall Street.
HDFC Life’s annual premium equivalent increased 5.8 percent on a year-on-year basis to Rs 3,049 crore, according to a regulatory filing.
Manoj Murlidharan, Vice President-Derivatives at Religare Broking, believes the Nifty Bank has potential to go all the way to 37,200.
The 50-scrip benchmark holds most of its morning gains at noon, up 214.7 points or 1.3 percent at 17,168.7.
Elixir Equities Director Dipan Mehta is of the view that the market is in a tricky phase with the way the technicals are, relentless selling by FIIs and the mixed earnings season.
It’s better to play safe at this point of time rather than look at leveraging or aggressive buying positions,” he adds.
Potential investors can bid for Campus shares in a price band of Rs 278-292 in multiples of 51.
Both headline indices rise as much as 1.3 percent in early deals after a gap-up start.