Bharti Life Insurance - Life Insurance

Indian Stocks Rise First Time in Three Days, Led by Bharti, ACC BusinessWeek

09.06.10

By Rajhkumar K Shaaw

June 9 (Bloomberg) -- India’s benchmark stock index rose for the first day this week as investors bought shares in companies that may benefit as they expand their businesses.

Bharti Airtel Ltd., the largest wireless operator, and Steel Authority of India Ltd. climbed after their stock ratings were raised. ACC Ltd., India’s biggest cement maker, increased 1.9 percent after sales of the raw material rose.

The Bombay Stock Exchange’s Sensitive Index, or Sensex, gained 40.79, or 0.3 percent, to 16,657.89. The gauge pared an earlier advance of as much as 1.2 percent and swung between gains and losses at least six times.

“Investors are trading on stock specific news,” said Arun Kejriwal, the Mumbai-based director of Kejriwal Research & Investment Services Pvt. “Investors are nervous. They don’t know which way things are going to turn. People are afraid to take big commitments at the moment.”

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Bharti Life Insurance - News

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Life insurers' fresh premium collections decline in May Hindu Business Line - Jun 26, 2009 Hindu Business LineLife insurers' fresh premium collections decline in MayHindu Business LineMumbai, June 26 The life insurance industry posted a negative year-on-year growth of 5 per cent in May with most private players reporting a significant dip and more »

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