Intraday Cash: Buy NIPP0N LIFE -INDIA

• July 15, 2021
• By Dipankar Sardar
• 288 Views 245 comments

Nippon Life India Asset Management Limited, formerly Reliance Nippon Life Asset Management Limited, is an India-based asset management company. Nippon Life India Asset Management Limited (NSE:NAM-INDIA) is the asset manager of Nippon India Mutual Fund (NIMF). The name of its Company was changed from ‘Reliance Nippon Life Asset Management Limited’ to ‘Nippon Life India Asset Management Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies, Mumbai on January 13, 2020. Nippon Life Insurance Company is the promoter of NAM India and currently holds 74.95​% of its total issued and paid-up equity share capital. Equity Shares of NAM India are listed on BSE Limited and National Stock Exchange of India Limited. Insurance Company (“NLI”) is a Japan’s leading private life insurer and offers a wide range of financial products, including individual and group life and annuity policies through various distribution channels, mainly using face-to-face sales channels for its traditional insurance products. It primarily operates in Japan, North America, Europe, Oceania and Asia. NLI conducts asset management operations in Asia, through its subsidiary Nissay Asset Management Corporation (“Nissay”), which manages assets globally. Nippon Life India Asset Management Limited is one of India’s largest asset management companies with a total AUM of Rs 2.55 lakh cr. as of March 31, 2020

Script Name –NIPP0N LIFE-INDIA

Buy Price –394.00-394.50

Profit Target-412

Stop Loss-384

Call Duration-Intraday

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