Shares of HDFC Life Insurance hit an all-time high of Rs 647.60, up 2 per cent on the National Stock Exchange (NSE), on Tuesday ahead of its inclusion in the benchmark index Nifty50 from Friday, July 31, 2020 onwards. The stock of the HDFC group insurance company has surpassed its previous high of Rs 646.40 touched on October 31, 2019. The company will replace Anil Agarwal-controlled Vedanta in the benchmark index.
HDFC Life Insurance Company will be the third company from the HDFC group which will feature in the Nifty50. Housing Development Finance Corporation (HDFC) and HDFC Bank are currently