Insurance companies: Insurance companies get relief from valuation, return to D-Street

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The benchmark Nifty50 is trading close to the Long Term Average Price-Earnings (P/E) of 16.8 after the recent fall in the market.

essence

Led by insurance companies, domestic institutional investors (DIIs) excluding mutual funds invested Rs 24,682 crore in equities in June 2022, a multi-year high as per the ETIG database. He has deployed around Rs 1 lakh crore since the beginning of the year.

ET Intelligence Group: Insurance companies, often considered to be seasoned price pickers given their long investment horizon, have started betting on equities as the market valuations are approaching the longer-term average. They invested $3.3 billion in June 2022, the highest since March 2020, data compiled by brokerage firm CLSA show. Led by insurance companies, domestic institutional investors (DIIs) excluding mutual

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ET Bureau

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