Posts by category: Finance

Indian stock indices Sensex and Nifty opened lower due to selling pressure in auto, realty, and IT sectors. Foreign investors pulled out significant funds, heightening concerns. Despite mixed global cues, sectors like pharma and metals show resilience.

Bajaj Housing Finance shares saw a decline on January 28, 2025, despite a significant 25% rise in net profits for Q3FY25. The stock dipped 3.44% to ₹109.15, although analysts' target of ₹118 suggests a potential 12% upside. Revenue from operations increased by 25.8%, and loan assets rose by 31%. Interestingly, assets under management grew 26%, with stable asset quality. Yet, analyst consensus remains 'Sell'.