psu insurance stocks: 2 PSU insurance stocks zoom 14%. What’s the good news?

Shares of two PSU insurance companies – General Insurance Corporation of India and New India Assurance – rallied 14% each on Thursday to fresh peaks amid reports that the government may infuse capital into three state-owned insurers. Shares of General Insurance Corporation of India jumped 13.9% to a fresh 52-week high of Rs 466 while … Read more