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BAJFINANCE
Bajaj Finance Limited · ₹996.9 +1.5% on 25 Sept · 1M −8.1% · 3M +1.5% · 7 stories in 60 days · 1 positive · 3 negative
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Price and news
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Why Byju’s Aakash stake matters to creditors—and why cashing out won’t be easy
- Creditors are focused on how much of Aakash Think & Learn retains after its settlement
- Unclear Aakash stake recovery leaves creditors, including Indian lenders, facing uncertainty
Stock markets bounce back on value buying; Sensex rises 315 points
- Sensex rose 315 points on value buying
- Axis Bank gained 2.82%, the biggest rise among Sensex firms
- The rebound lifts sentiment for Indian equities, including Axis Bank and other Sensex constituents
Sensex, Nifty open cautiously today; IT stocks bleed as crude, yields bite
- IT stocks fell as crude and bond yields weighed on markets
- Bajaj Finserv, Shriram Finance, Power Grid, Bajaj Auto and Axis Bank led Nifty 50 gainers
- Crude and yield pressure weighs on IT services, while listed financials, Power Grid and autos gained
Market wrap: Cipla, ONGC, HDFC Life, Bajaj Finance top gainers and losers on Nifty and Sensex on Thursday
- Nifty fell 1.64% and Sensex 1.67% as rising bond yields and crude prices pressured sentiment
- Higher yields and crude weighed on Indian equities, including financials and oil-sensitive sectors
Bajaj Finance shares fall 5% as company plans to seek approval for capital raise
- Bajaj Finance shares fell 5% as it planned to seek approval for a fresh capital raise
- The board was due to consider the proposal on Thursday, October 1
- A capital raise may dilute shareholders; Bajaj Finance investors are directly exposed