Bajaj Housing Finance listing: Shares of Bajaj twins fall up to 3%

Bajaj Housing Finance listing: Shares of Bajaj twins fall up to 3%

Shares of Bajaj Finance and Bajaj Finserv fell by 3.3% and 3%, respectively, on the BSE following the multibagger listing of Bajaj Housing Finance, which is the largest IPO of 2024 so far and was subscribed nearly 67 times the shares on offer. Bajaj Finance shares reached a day’s low of Rs 7,347.10, while Bajaj … Read more

RBI’s hand behind today’s rally in banks, other financial stocks

RBI’s hand behind today’s rally in banks, other financial stocks

Shares of banks and NBFC shares like Bajaj Finance on Thursday rose up to 4% after the Reserve Bank of India (RBI) relaxed rules regarding provisions for investments in Alternative Investment Funds (AIFs) by all regulated entities. Led by healthy buying seen in banks and other financial stocks, Nifty rallied over 200 points today and … Read more