Business Standard

Bajaj Finance records sharpest intra-day fall in over five months, tanks 8%

Thus far in the calendar year 2019, the stock has outperformed the market by surging 41 per cent, as compared to 10 per cent gain in the S&P BSE Sensex.

Housing Finance Stocks and Nifty Bank
Premium

SI Reporter Mumbai
Shares of Bajaj Finance slipped 8 per cent to Rs 3,405, its sharpest intra-day fall in over five months on the BSE on slowdown concerns. The stock posted its biggest fall since January 28, when it tanked 9 per cent in intra-day deal.

The non-banking finance company's stock had consistently outpaced the market in past more than seven years. Thus far in the calendar year 2019, the stock has outperformed the market by surging 41 per cent, as compared to a 10 per cent gain in the S&P BSE Sensex. It hit an all-time high of Rs 3,761 on

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in