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The Relative Strength Index of the stock stood at 27.18 on Monday.

India is the ninth-largest insurance market in the world based on the life insurance premium and the fourth-largest in Asia. >> For more such web stories click on the ET icon below

A total of 106,019 shares changed hands on the counter till 02:09PM (IST)

The consensus recommendation from 23 analysts for the stock is hold. Out of the 23 analysts covering the stock, 11 have strong buy and buy ratings, six have strong sell and sell ratings, and six have hold ratings.

“Fixed income allocation should start increasing and every investor should have some portion of his investments in fixed income. But from the choice on the segment and the point on the curve which looks attractive to us at this point of time, we believe that the short end of the curve, the short to medium term segment makes a lot of sense for investors.”

Recently, the government has approved conversion of Rs 16,133 crore interest dues of Vodafone Idea into equity after receiving a firm commitment from Aditya Birla Group to run the company and bring necessary investment.

Indian e-commerce firm Nykaa is among the domestic companies that will announce their earnings on Monday. >> For more such web stories click on the ET icon below

While the coming year is expected to be characterised by a firmer handle on inflation and interest rates peaking out, the same will come at the cost of economic growth for a couple of years ahead. Growth in the U.S is estimated to be largely flat while growth in the EU is expected to contract by over 1%. At the same time, we expect Asian economies to exhibit a modest rebound with an estimated growth of 3.5% to 5% - contingent on public policies around fuller re-opening the economy.

The recent lithium discovery is classified as G3. Further exploration, a detailed mapping including geochemical and geophysical surveys and drilling, is required to arrive at a G1 estimate. Simultaneously, an economic analysis will also be conducted to determine economically viable extractable mineral content.

On a standalone basis, billing for the quarter stood at Rs 551 crore, up 14.5% year-on-year, while YTD billing came in at Rs 1618 crore, showing a YOY growth of 33%. Billing including acquired operating businesses (Zwayam and DoSelect) for the Qtr stood at Rs 566 crore, a growth of 16.5%