The scrip has rallied 5 per cent and got locked in the upper circuit at Rs 338.20 per share.

The Asia Pacific markets rose as a reaction to the interest rate hike by the Bank of New Zealand.

Indices lost points for the third consecutive day as Nifty fell about 0.62 per cent to close at 16,025.80.

Markets are trading in a range-bound pattern with a bearish tilt. In such a circumstance, it is prudent to own stocks with excellent financials. Continue reading to learn more.

SBI Life Insurance Company Ltd, ICICI Prudential Life Insurance Company Ltd and HDFC Life Insurance Company Ltd are today’s mid-day movers. 

After losing the momentum for the first two trading sessions in the current week, the benchmark indices opened higher on Wednesday. However soon, the benchmark indices erased most of the initial gains and were seen trading flat amid a volatile session. 

The domestic market opened in the green with a small gain in the volatile market. Banks and financial services opened about a per cent higher, followed by minor gains in pharma & FMCG. On the international front, the US stock market saw yet another round of volatility. All the Asian indices trade in the green, indicating mixed investor optimism. The top three equities are Shanghai SE (+0.58 per cent), Hang Seng (+0.58 per cent), and Nikkei (+0.11 per cent).  

The volatility in the markets continues to prevail. While in the previous closing session, S&P BSE Sensex ended in red, at the pre-opening bell today, the frontline index S&P BSE Sensex opened in green.

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