Avoid buying insurance stocks until more clarity on FDI rules: Motilal Oswal Securities
Experts, Yogesh Vinod Mehta, associate vice president and leader of PCG advisory (equities) at Motilal Oswal Securities, and Ramanathan K, executive vice president and CIO at ING Investment Management discuss the outlook for insurance stocks after sources suggested that the cabinet is likely to clear a proposal to allow 49 per cent foreign investment in insurance. They also discuss power, IT and realty sector stocks.
