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ICICI Pru Life shares crash nearly 9% after Prudential plans stake cut below 10%
ICICI Prudential Life Insurance shares fell sharply on Monday after reports that promoter Prudential plc may reduce its stake below 10% following the acquisition of Bharti Life Insurance. The move raised concerns over ownership structure and strategic alignment, though ICICI Bank clarified it will retain majority control in the insurer.
Here's why ICICI Prudential Life Insurance shares will be in focus on Monday
Shares of ICICI Prudential Life Insurance are down 21% so far in 2026, underperforming its peers such as HDFC Life, which is down 19%, LIC, which has declined 6%, and SBI Life, which is down 9% so far this year. The stock though, continues to trade above its issue price of ₹334.
Prudential Plc to buy 75% Bharti Life stake for ₹3,500 crore, cut ICICI Pru Life holding to 10%
The London-based insurer says the move marks a strategic reset in India, as it secures majority control of Bharti Life Insurance while complying with regulations on ICICI Prudential stake reduction.
Stock Market Outlook Next Week (18-22 May 2026): Sensex, Nifty Likely to Stay Volatile Amid Crude Oil Surge - Goodreturns
Stock Market Outlook Next Week (18-22 May 2026): Sensex, Nifty Likely to Stay Volatile Amid Crude Oil SurgeGoodreturns
Hybrid Mutual Funds Attract Rs 1.55 Lakh Crore In FY26 On Diversified Investment Appeal
According to data from the AMFI, the number of hybrid fund folios rose to 1.9 crore in March 2026 from 1.56 crore a year earlier, adding 34 lakh investor accounts.
Hybrid MFs attract ₹1.55 trn in FY26 on diversified investment appeal
Hybrid mutual fund schemes attracted inflows of Rs 1.55 lakh crore in 2025-26, a 29 per cent increase over the preceding fiscal year, as investors increasingly turned to diversified investment strategies amid volatile market conditions. The category witnessed strong traction despite heightened geopolitical tensions, including the conflict in West Asia, as investors sought balanced investment solutions that could cushion market volatility. "Hybrid funds saw strong traction in FY26 as investors looked for balanced investment solutions during volatile times. Multi asset allocation funds, in particular, gained popularity due to their ability to deliver relatively stable performance across market cycles," Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, told PTI. According to data from the Association of Mutual Funds in India (AMFI), the number of hybrid fund folios rose to 1.9 crore in March 2026 from 1.56 crore a year earlier, adding 34 lakh investor accounts. Assets under manageme
Indian stock market: How are Sensex and Nifty 50 likely to perform next week amid ongoing US-Iran war? - MSN
Indian stock market: How are Sensex and Nifty 50 likely to perform next week amid ongoing US-Iran war?MSN
Indian stock market: How are Sensex and Nifty 50 likely to perform next week amid ongoing US-Iran war? - Mint
Indian stock market: How are Sensex and Nifty 50 likely to perform next week amid ongoing US-Iran war?Mint
Rs 3,000 Mutual Fund SIP Vs PPF: Which Can Build Bigger Wealth In 15 Years?
SIP is a method of investing regularly in mutual funds, usually linked to the stock market. PPF, on the other hand, is a government-backed savings scheme.
Nifty faces bearish grip: Key levels to watch and top 3 stock picks for next week
Nifty faces bear control after a weekly slide. The IT sector is under pressure, and Kaynes stock has stumbled. Analysts highlight support at 23,500 for Nifty. Selective buying is advised in Marico, Arvind, and Triveni Turbine for the upcoming week. These stocks show potential for upside movement.
Private banks top pick for FY27; RBI rate hike likely in second half of the year: ICICI Pru Life
Jitendra Arora, Chief Equity & Fund Manager at ICICI Prudential Life Insurance, says large private banks are his top sector bet for FY27, with an RBI rate hike likely in H2. He also likes power generation and select EPC stocks. On the broader market, he says domestic flows are acting as a buffer against FII selling, keeping indices range-bound. On metals, he advises holding existing positions but not adding fresh. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades lower; Muthoot Fin in focus
Sensex Today | Stock Market LIVE Updates: The next Nifty hurdle is its 20-DMA, just near the mark of 23,900. That's another 200 points away. The Nifty Bank will be the index to watch as any further short-covering could propel both indices higher. The Nifty support is back at 23,500 and the index is set for a weekly advance as well.