Insurance stocks are down 20%, but Anil Ghelani sees a contrarian opportunity. Here’s why

Core Development: Insurance stocks are down 20%, but Anil Ghelani sees a contrarian opportunity. Here’s why

Market & Financial Impact: The proposed changes to commissions and distribution by the Insurance Regulatory and DevelopmentAuthority of India (IRDAI) have added to investor uncertainty, raising concernsover the economics of insurers, agents and digital platforms. But Anil Ghelani, executive director and head of passives and product at DSP Mutual Fund, sees no structural deterioration in the business model. With insurance density still low and valuations under pressure, he believes the sector could be emerging as a contrarian opportunity for long-term investors.

Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.