India, Sept. 4 -- Insurtech companies PB Fintech and Go Digit saw their shares rise in the intraday trade today after the GST Council announced exemption of GST on life and health policies yesterday.

Policybazaar parent PB Fintech's shares surged 6% to INR 1,960.91 intraday on the BSE, while Go Digit rose 4.8% to touch INR 371.65 during early trading hours.

At 10:30 AM, shares of PB Fintech were trading 4.8% higher at INR 1,918.75. At this point, the company's market capitalisation stood at INR 88,119.99 Cr (about $9.9 Bn), with as many as 10.5 Lakh shares changing hands.

At the same time, Go Digit shed most of its gains for the day and was trading 0.3% higher at INR 355.75. Its market capitalisation stood at INR 32,846.40 Cr (about $3...