Life insurers back Lenskart, LG, HUL in May as consumption rebalancing trade gains traction
Indian life insurers tilted May allocations toward consumer-linked names, picking up Lenskart (₹242 cr) and LG Electronics (₹277 cr) alongside HUL, while also adding M&M (₹462 cr) and GMR Airports (₹428 cr). The selective buying signals institutional conviction in a consumption recovery and validates new-age retail listings.
Indian life insurers in May added retail and consumer-linked names including Lenskart (₹242 cr), LG Electronics (₹277 cr), Hindustan Unilever, plus GMR Airports (₹428 cr) and M&M (₹462 cr), signaling selective rebalancing toward consumption recovery.