bajaj finserv

Global tensions in West Asia, particularly around the Strait of Hormuz, are driving market volatility and influencing crude oil prices. Investors are also closely watching corporate earnings, with key results due this week, alongside crucial US economic data and the Federal Reserve's policy decision.

Stock market today: Buoyed by the two week US-Iran ceasefire, stock markets rallied strongly on Wednesday. While Nifty50 went above 24,000 intraday, BSE Sensex rose over 3,000 points.

Analysts have adjusted targets for several companies, with UBS neutral on Cipla citing supply headwinds despite a healthy pipeline. Motilal Oswal initiated coverage on bajaj finserv with a neutral rating, highlighting its strong customer base and predictable earnings. Jefferies is bullish on LG India, anticipating price hikes due to rising costs and a weak rupee.

Vivo has launched the V70 FE in India, featuring a 200MP OIS camera, a northern lights-inspired design with Darkness Glow Technology, and a 7000 mAh battery with 90W Flash Charge. The smartphone is powered by the MediaTek Dimensity 7360-Turbo SoC and offers up to 12+256GB storage, with pricing starting at Rs 37,999.

Indian stock markets experienced a significant downturn on Thursday, with both Sensex and Nifty plunging over 3%. Surging crude oil prices due to escalating West Asia attacks, coupled with weak global cues, triggered a broad market rout. Financials, autos, and industrials were heavily impacted, while ONGC was the sole gainer.

Indian equity markets experienced a significant downturn, with Sensex and Nifty shedding nearly 2% on Wednesday. A sharp rise in crude oil prices, fueled by escalating West Asian tensions, dampened investor sentiment. Persistent foreign fund outflows and selling in banking stocks further contributed to the market's decline.

Union Minister Ramdas Athawale highlighted Census 2027 as a crucial opportunity for accurate disability data, enabling targeted policymaking post the Rights of Persons with Disabilities Act, 2016. A new handbook aims to help parliamentarians translate legal provisions into actionable policy, addressing barriers faced by persons with disabilities, particularly in healthcare.

Shares of bajaj finserv are all set to trade ex-bonus and ex-split on September 13 as the company will split existing equity shares. In July, the non-banking financial company's board of directors said they would consider the proposal for a stock split of the company's equity shares.

Company's consolidated total income during April-June period of 2022-23 was up 14 per cent to Rs 15,888 crore, bajaj finserv said in a regulatory filing.

The Bajaj Group is gearing up to enter the banking business and considering applying for a licence through its financial services arm--bajaj finserv, a top company official said.

Stock market crash today: Continuing geopolitical tensions weighed on Nifty50 and BSE Sensex on Wednesday with the indices tanking over 1%. While Nifty50 went below the 24,000 mark, BSE Sensex crashed over 1,000 points.

bajaj finserv will sell part of its stake in its life and non-life insurance joint ventures to its foreign partner Allianz once the insurance Act is amended.

A Memorandum of Understanding (MoU) on the collaboration between bajaj finserv and the Government of Maharashtra was signed today.

bajaj finserv has warned that profits in group company—Bajaj Allianz Life Insurance—could moderate in coming years because of more stringent regulations even as its lending arm Bajaj Finance touched a new high in the bourses on the back of strong performance.