Aditya Birla Nuvo, Bajaj Finserv, Reliance Capital are expected to do well this year: Seshadri Bharathan

Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd. in an interview with ET Now talks about insurance stocks.

Can you give us your bet on AB Nuvo?

Definitely yes, the clarity emerging that the IRDA is the supreme authority in case of ULIP has definitely helped most of these insurance companies stocks. Apart from that also most of these insurance companies have made operating profit and this year most of these companies will make very strong set of profits so most of these insurance companies be it Aditya Birla Nuvo, Bajaj Finserv, Reliance Capital etc. are expected to do well this year.