Bajaj Finance jumps 8% intraday after RBI lifts ban on eCOM, Insta EMI Card

Bajaj Finance stock price update: This was Bajaj Finance stock's biggest single-day rally in three years

The Reserve Bank of India's decision to lift curbs on Bajaj Finance's two products, earlier than expected, sent the stock on a tear on Friday. The shares soared 7.5 per cent to Rs 7,400 in intraday trade, but erased most of the gains as markets came under heavy selling pressure.

The stock, eventually, settled 0.75 per cent higher at Rs 6,933 per share as against a 0.98-per cent (733 points) fall in the benchmark S&P BSE Sensex. 
 

This was Bajaj Finance stock's biggest single-day rally (intraday) in three years. Bajaj Finance stock had hit a record high of Rs