Health Cover at affordable premium for RuPay Cardholders, UPI Users

Universal Sompo General Insurance partners with National Payments Corporation of India to offer Health Cover to RuPay Cardholders & UPI Users at affordable premium rates. It provides special coverage for Cancer and Heart related ailments along with features like cashless hospitalization in over 5000 hospitals across India and tax benefit as per income tax laws. This cover is designed for and available to all RuPay cardholders and UPI users. They can enroll and buy this specially designed coverage in a hassle-free digital environment.
 
Universal Sompo General Insurance is a joint venture of Indian Bank, Indian Overseas Bank, Karnataka Bank Ltd, Dabur Investment Corporation and a leading general insurer from Japan, Sompo Japan Insurance Inc. It has footprints across the country to serve its customers with 17 Zonal Offices, 86 Branch Offices and a 1500 strong workforce. It offers a wide-range of products catering to Retail, Rural, SME & Corporate customer segments. It's innovating in the health insurance space and offers both standalone policies and co-branded products in conjunction with its bank partners. It serves customers through a vast and compliant distribution network of banks, agents, brokers, auto dealers, POSPs, CSCs and so on. It continues to invest in technology ensuring smooth purchase experience for customers and rapid integration facility for distributors.

See Zee Business Live TV Streaming Below:

The Nifty opened gap-up and has been trading with a positive bias since then. Currently, it is trading up ~165 points. On the hourly charts, we can observe that the index has been trading in a downward sloping channel and is currently around the key hourly moving averages. The hourly moving averages, which were acting as a support earlier can now act as a resistance and hence, a further upside appears limited from current levels. With the daily momentum indicator having a negative crossover, the current rally is a bounce and is likely to be sold into. Stock-specific action likely to continue. In terms of levels, 14450-14500 shall act as an immediate hurdle zone, while 14220-14200 shall act as a support zone for the Nifty.

On the hourly chart, the Nifty is trading above the 20-hour moving average (HMA) and the 40-HEMA, of 14434 and 14418, respectively. The hourly momentum indicator has a positive crossover. Market breadth is positive with 1464 advances and 349 declines on the National Stock Exchange (NSE).