India’s insurance stocks gain on FDI increase proposal

Bajaj Finserv rises 0.3 percent and Exide Industries advances 1.3 pct.

Written by Reuters

November 24, 2014 11:04 IST

Reliance Capital 1.5 pct, Max India gains 0.8 pct, Aditya Birla Nuvo rises 0.3 pct.

Bajaj Finserv rises 0.3 percent and Exide Industries advances 1.3 pct.

Government confident of passing legislation to allow more foreign investment in the insurance sector.

Month-long parliament session to begin later in the day.

This article was first uploaded on November twenty-four, twenty fourteen, at four minutes past eleven in the morning.