Business Standard

HDFC Life, SBI Life hit 52-week high: Tech charts show further upside

HDFC Life is continuously holding the support of 50-DMA, currently place at Rs 702 mark

insurance
Premium

Insurance Stocks

Avdhut Bagkar Mumbai
Most insurance stocks were trading in the positive territory in the morning trade on Tuesday. For instance, HDFC Life rose over 3 per cent to hit a fresh 52-week high of Rs 746 on the BSE while ICICI Pru Life was trading 1.8 per cent higher at Rs 487.90.

SBI Life Insurance, meanwhile, gained 4 per cent to hit a 52-week high of Rs 964.50. In comparison, the benchmark S&P BSE Sensex was trading 0.87 per cent higher at 50,880 levels, at 11:40 AM. According to a Business Standard report, February 2021 saw life insurers recording impressive 21 per

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in