After D-Mart & BSE, investors eyeing public sector insurance cos IPOs
DSIJ Intelligence / 31 Mar 2017
Stock market investors cheered mega IPOs such as BSE and Avenue Supermarts in the year 2017. Now they are eagerly awaiting IPOs of public sector insurance companies.
Stock market investors cheered mega IPOs such as BSE and Avenue Supermarts in the year 2017. Now they are eagerly awaiting IPOs of public sector insurance companies.
The insurance sector is as old as the banking sector and, over the years, insurance companies have witnessed massive expansion in their businesses, especially in the last ten years.
Finance Minister Arun Jaitley, in his Union Budget speech, announced the listing of state-owned insurance companies. Oriental Insurance Company, National Insurance Company, New India Assurance, United India Insurance and General Insurance Corporation of India are some of the big names that the IPO market is waiting for.
Listing of these public sector insurance companies would help them reduce dependence on government funds. However, this would increase the accountability of these companies to their investors. The listing of insurance companies will be the highlight of the financial year 2017-18.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.