It holds a little over of 52 per cent in the consumer finance giant Bajaj Finance, 74 per cent in Bajaj Allianz general insurance and Bajaj Allianz life insurance.
Sectorally, all except Nifty FMCG index ended the day in the green on the NSE with the FMCG index closing down 0.16 per cent
L&T Finance, Indiabulls Housing Finance, IIFL Finance, REC, Shriram Transport Finance, Power Finance Corporation, LIC Housing and HDFC were up between 3 per cent and 9 per cent on the BSE
All that happened in the markets today
All that happened in the markets today
The service aims to integrate the fragmented service delivery of the health care system and make health care accessible to consumers on a single platform
Tata Motors' stock has provided breakdown from a head and shoulder pattern on the daily chart
If there is no escalation in geopolitical concerns and Covid-19 cases, the Indian markets are likely to continue their northward trajectory
The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.
Instead of extending the moratorium by another three months, it would have been better to allow lenders to offer a one-time restructuring only to those who need it, says Sanjiv Bajaj
All that happened in the markets today
Mahindra & Mahindra's stock has provided a breakdown from a rising wedge pattern on the daily chart
In an interview with Surajeet Das Gupta, Sanjiv Bajaj, chairman and managing director of Bajaj Finserv, charts out the challenges and way forward for the economy as well as NBFCs
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Recently, foreign brokerage Bernstein had downgraded Bajaj Finance to 'underperform' and had cut the target price to Rs 1,740 from Rs 4,820.
Avenue Supermarts pipped Bajaj Finserv in terms of market capitalisation (m-cap). The stock zoomed 11 per cent during the session to hit a fresh 52-week high of Rs 2,537 on the BSE
Technical calls from Nandish Shah, Senior Technical & Derivatives Analyst at HDFC Securities.
Discount brokers such as Zerodha and 5Paisa.com already have ultra-cost pricing models with zero brokerage and flat fees of as low as Rs 10 for intra-day trades in the cash and derivatives space
Total Income grew by 40 per cent year-on-year, though profitability of life and general insurances business dragged the overall show
Total revenue grew by 44 per cent to Rs 12,995 crore in the fourth quarter of last fiscal as compared with Rs 9,055 crore in the year-ago period