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NBFC shares in focus; Bajaj twins, Cholamandalam Investment surge up to 9%

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

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MOSL said it continues to favour players with strong balance sheets and least impacted by the COVID-19 lockdown from the NBFC sector

SI Reporter Mumbai
Shares of non-banking financial companies (NBFC) were in focus in Tuesday's session as the Bajaj twins – Bajaj Finance and Bajaj Finserv - rallied 9 per cent and 6 per cent, respectively, while Cholamandalam Investment and Finance Company, too, surged 9 per cent on the BSE in intra-day trade on the back of heavy volumes.

L&T Finance Holdings, Indiabulls Housing Finance, IIFL Finance, REC, Shriram Transport Finance Company, Power Finance Corporation, LIC Housing Finance and Housing Development Finance Corporation (HDFC) were up between 3 per cent and 9 per cent on the BSE in intra-day trade.

At 02:00 pm, the

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