Budget 2025: Insurance stocks SBI Life, HDFC Life and others gain over 3% on increase in FDI limit

In a significant move for the insurance sector, Finance Minister Nirmala Sitharaman announced an increase in the foreign direct investment (FDI) limit from the current 74% to 100%. Shares of HDFC Life, SBI Life, ICICI Prudential Life, and Star Health rose by over 3% in response to the