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HDFC Life, SBI Life hit 52-week high: Tech charts show further upside

Most insurance stocks were trading in the positive territory in the morning trade on Tuesday. For instance, HDFC Life rose over 3 per cent to hit a fresh 52-week high of Rs 746 on the BSE while ICICI Pru Life was trading 1.8 per cent higher at Rs 487.90. SBI Life Insurance, meanwhile, gained 4 per cent to hit a 52-week high of Rs 964.50. In comparison, the benchmark S&P BSE Sensex was trading 0.87 per cent higher at 50,880 levels, at 11:40 AM. According to a Business Standard report, February 2021 saw life insurers recording impressive 21 per cent growth in new business premium (NBP) to R.....

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