Long-term investor life insurers raised stakes in 8 stocks by up to 14% in Q4
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Insurers are considered long-term investors in the market, as they have a longer mandate to invest policyholders’ money.
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Five of the eight stocks managed to beat the flat returns on Sensex on a year-to-date basis.
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NEW DELHI: Insurance companies lapped up shares of at least eight BSE500 companies during the January-March quarter and increased holdings by between 200 basis points and as high as 14 per cent. Five of the eight stocks managed to beat the flat returns on Sensex on a year-to-date basis.
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