Sensex rallies 639 points, Nifty tops 15,800
The Hindu
The 30-share BSE index ended 638.70 points or 1.22% higher at 52,837.21, while the broader NSE Nifty surged 191.95 points or 1.23% to 15,824.05.
Equity benchmark Sensex rallied 639 points on Thursday, propelled by index majors Infosys, ICICI Bank and Reliance Industries amid a positive trend in global markets. The 30-share BSE index ended 638.70 points or 1.22% higher at 52,837.21, while the broader NSE Nifty surged 191.95 points or 1.23% to 15,824.05. Tech Mahindra was the top gainer in the Sensex pack, jumping over 5%, followed by Bajaj Finance, Bharti Airtel, Bajaj Finserv, L&T, Tata Steel and Infosys.
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Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.