Growth in protection products is expected to offset the impact of GST-related input tax credit changes on life insurers, while lower combined ratios may support non-life insurers' profitability
Within the sector, Max Financial Services is JPMorgan's top pick, followed by SBI Life, HDFC Life, ICICI Prudential Life and LIC
Max Financial, Muthoot Finance and Bharat Forge show strong breakouts. Know entry levels, stop loss and upside targets
The recent GST exemption on individual life insurance policies has emerged as a strong structural tailwind for the sector after a prolonged period of regulatory headwinds
Rajesh Bhosale of Angel One is upbeat on HUL, but bearish on Max Financial; here's why