Global equity markets including India were on correction mode in October mainly due to the global events such as rising US Treasury yields and the geopolitical conflict between Israel and Hamas. Nifty Midcap 100 index (-4.1%) underperformed the other broader indices - Nifty 50 (-2.8%) and Nifty smallcap (-0.8%) - during the month.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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