Stock Market Today, June 18 -- ICICI Lombard, Go Digit to New India Assurance, the general insurance stocks, gained during the intraday trades on Wednesday despite weak markets.

The gains in the general insurance stocks, such as ICICI Lombard General Insurance Company Ltd., Go Digit General Insurance Ltd , The New India Assurance Company Ltd., and others, are fueled by the fact that there are speculation about the Government of India (GoI) approving the Insurance Regulatory and Development Authority of India or IRDAI's proposal to raise term plan insurance premiums. Led by these expectations, the general insurance stocks are rising today.

Avinash Gorakshkar, Head of Research at Profitmart Securities, attributed the rise in general insur...