Bajaj Finance shares surged 4% in early trading on the Bombay Stock Exchange, hitting an intraday high of Rs 7,199. The rally in Bajaj Finance shares comes after global brokerage Citi maintained a bullish outlook, reportedly reiterating a ‘Buy’ rating with a target price of Rs 8,150. Bajaj Finance’s recent financial performance has been robust. It may b noted that …
Shares of Bajaj Housing Finance fell nearly 5% in early trade on Thursday. The shares of Bajaj Housing Finance are currently trading at Rs 141, which is over 100% above their issue price of Rs 70. The one-month lock-in period for anchor investors of the Bajaj group’s housing finance arm ended on October 6, making 2% of the equity available …
Equity benchmark Sensex rallied over 450 points in early trade on Thursday driven by gains in index-heavyweights HDFC duo, Reliance Industries and ICICI Bank amid positive cues from US equities. The 30-share index was trading 466.26 points or 1.22 per cent higher at 38,534.19, and the NSE Nifty rose 128.45 points or 1.14 per cent to 11,376. IndusInd Bank was …
Domestic equity benchmark Sensex jumped over 250 points in early trade on Thursday led by gains in index majors Reliance Industries, ICICI Bank and SBI amid positive cues from global markets. The 30-share BSE index was trading 269.92 points or 0.71 per cent higher at 38,463.84; while the NSE Nifty rose 73.05 points or 0.65 per cent to 11,351.05. IndusInd …
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