Sensex, Nifty ended flat in volatile trade on Nov 23; UltraTech Cement, Larsen & Toubro, Bajaj Finance major laggards; IndusInd Bank, JSW Steel, Bharti Airtel major gainers; Asian markets in green; Brent crude declined 1.50%; FIIs offloaded equities worth ₹306.56 crore. Market looks for triggers bey…

Equity markets settle flat in volatile trade

A short build-up was seen in 70 stocks, including Balkrishna Industries, Bajaj Finance, Aditya Birla Fashion & Retail, Bandhan Bank, and L&T Finance Holdings

Trade setup for Tuesday: 15 things to know before opening bell

Sensex closed down 140 points, or 0.21%, at 65,655.15 while Nifty was 38 points or 0.19% lower at 19,694.00.

Stock Market Today: Sensex, Nifty Fall For The Second Day As Bajaj Finance, M&M, L&T Drag

Closing Trades: Nifty declines for 2nd session; Adani Enterprises, Bajaj Finance lead losses. Dive into the latest trading session to catch the pulse of the markets! Discover how the stocks and indices performed today and stay updated on market trends. Indian shares were subdued on Monday, weighed by losses in banking and financial stocks as investors assessed the impact of the central bank's tighter rules for personal loans on lenders. The NSE Nifty 50 index and the S&P BSE Sensex were flat at 19,731 and 65,746, respectively, as of 10: 20 a.m IST. Banking and financial indexes were down 0.2%, each, while the private bank index fell 0.4%.

#closingtrades #marketclose #nifty #sensex #stocknews
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Nifty Declines For 2nd Session; Sensex Ends 140 Points Lower | Closing Trades

RBI has asked Bajaj Finance to immediately stop sanction and disbursal of loans under two lending products; Know its impact

RBI Bans Bajaj Finance From Issuing Loans Under Two Products: Will It Impact Borrowers? - News18

Here are the stocks to watch before going into trade today.

Stocks To Watch: Bajaj Finance, Adani Power, L&T, IndusInd Bank, Exide, Delhivery, SBI Card, Kalyan Jewellers

Reliance Industries, TCS, HDFC Bank, Infosys, Hindustan Unilever, ITC and Bharti Airtel were the gainers, while ICICI Bank, State Bank of India and Bajaj Finance faced erosion from their market valuation.

TCS, Infy lead as 7 of India Inc Top 10 add Rs 1.50 lakh cr to market value

It has suspended issuing new EMI cards till such time that the deficiencies observed by RBI are rectified to their satisfaction.

Bajaj Finance Temporarily Suspends Issuance Of EMI Cards To New Customers

Recently, RBI directed Bajaj Finance to stop sanction and disbursal of loans under its two lending products -- eCOM and Insta EMI Card

Bajaj Finance temporarily suspends issuance of EMI cards to new customers after RBI’s action

Bajaj Finance’s growth may be hit amid Reserve Bank of India’s increased risk weight on consumer credit exposure and suspension of eCOM and Insta EMI Card, analysts say

Bajaj Finance in double trouble from RBI’s risk-weight norms, product ban

India’s lenders such as SBI Cards & Payment Services and Bajaj Finance plunged at least 3% each after the central bank’s tighter-than-expected move to increase buffers on consumer loans sent shares lower across the financial sector.

India Financial Stocks Slump On RBI’s ‘Draconian’ Loan Rules

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Bajaj Finance Limited is a non-banking finance company (NBFC). The Company is engaged in lending and allied activities.