Bajaj Finance hits two-month low, down 8% in two days

The stock is trading at its lowest level since May 17 and has corrected 15 per cent from its all-time high level of Rs 3,761 touched on July 5

Bajaj Finance shares hit a two-month low of Rs 3,191, down 4 per cent in Monday's early morning trade on the BSE, and was the biggest loser among S&P BSE Sensex and Nifty50 stocks at 9:30 am.

The stock has fallen 8 per cent in two trading days on slowdown concerns. It is trading at its lowest level since May 17 and has corrected 15 per cent from its all-time high level of Rs 3,761 touched on July 5.

Post the management's interview on July 8, market concerns about growth slowdown had intensified, resulting in price correction. However,