💰 The top gainers in the Nifty index were Axis Bank (⬆️ 6.00%), State Bank of India (⬆️ 5.12%), Dr Reddys Laboratories (⬆️ 4.50%), JSW Steel (⬆️ 2.62%), and Nestle India (⬆️ 2.50%). ⏳ On the other hand, the top losers in the Nifty index were Kotak Mahindra Bank (⬇️ 10.87%), LTI Mindtree (⬇️ 1.95%), Hindustan Unilever (⬇️1.30%), Titan Company (⬇️ 1.07%), and SBI Life Insurance Company (⬇️ 1.07)
Open FlipWhat is moratorium period in health insurance? How is it different from the free-look period or waiting period?—Name withheld on request Moratorium period is also referred to as the look-back period in insurance. This is a safeguard clause built-in for the policyholders. Once the moratorium period is over, insurers cannot reject a claim on the grounds of non-disclosure, or misrepresentation.
Open FlipProvident Housing, a wholly-owned subsidiary of Puravankara, has secured Rs 1,150 crore investment from HDFC Capital, a subsidiary of HDFC Bank.This collaboration will add an additional 6.2 million sq ft of new residential projects to the ongoing 14.8 million sq ft with a combined gross development value (GDV) of Rs 17,100 crore, which will be delivered over the next five to six year.
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