07/31/2024
*Insurance stocks:* Union Minister Nitin Gadkari has written to FM, seeking the withdrawal of the 18% GST on life and medical insurance premiums, saying it amounts to taxing the uncertainties of life and restricts the sector’s growth. (Insurance companies expected to remain on focus *if* any decisions comes related to GST cut.
Top picks SBI Life, GICRE, NIACL, ICICI Lombard)