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Promoters held 51.52 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 14.07 per cent and 10.18 per cent, respectively.

Star Health and Allied Insurance Company Ltd., incorporated in the year 2005, is a Large Cap company (having a market cap of Rs 31780.89 Crore) operating in Financial Services sector.

​According to technical scan data from stockedge.com, on June 27, the closing prices of three stocks in the Nifty200 pack rose by more than 1.5% above the VWAP. This movement above the VWAP indicates a potential bullish trend for those stocks.

Private sector banks, particularly HDFC Bank, are poised for growth and profitability. Indian bond inclusion may impact liquidity and interest rates, benefiting the banking sector. Public banks face challenges in profitability and growth compared to private counterparts. Regulatory actions in the NBFC sector may favor established players like Muthoot, says Pranav Gundlapalle.

The stock traded at a P/E multiple of 150.83, while the price-to-book value ratio stood at 2.39.

No, clearly, if you are looking at the current scenario, whether it is on the fiscal front, whether it is on the inflation front, or whether it is on the flow front, in terms of creating another additional demand lever, the stars seem to be aligned to ensure that the confluence of all of these factors are set to drive interest rates lower further. Of course, we need to have the icing on the cake, which is the policymaking from the central banker, which obviously is impending and may not really manifest itself in a big hurry.

The stock quoted a 52-week high price of Rs 179.8 and a 52-week low of Rs 121.65.

Asian stocks rise on Fed rate cut hopes and U.S. inflation worries. AI boom drives Wall Street to record highs. Yen hits 38-year low, impacting Japanese markets. Gold market pressured by strong dollar.

Sebi allows up to 100% NRI, OCI, and RI contribution in FPIs at IFSC to boost Indian investment. Declarations and PAN card submissions are required, with provisions for contributors lacking PAN or taxable income. Existing FPIs must submit declarations within six months for renewal review.

Sebi has enhanced derivatives market criteria to ensure robust regulation and investor protection. Changes include higher thresholds and evaluation frameworks for stock entry and exit, promoting market vibrancy and stability. These upgrades may lead Jio Financial Services and Zomato to join Nifty50.