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Amid market selloff, foreign investors quietly double up on life insurance bets

Updated : August 07, 2019 02:31 PM IST

After the increase in the surcharge tax in Union Budget, foreign portfolio investors sold over Rs 16,000 crore in Indian equities.
A recent data by The Economic Times suggests that the FPIs have been increasing their stake in life insurance companies.
Amid market selloff, foreign investors quietly double up on life insurance bets
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