Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
Bajaj Finance Ltd gained for a third straight session today. The stock is quoting at Rs 1054.2, up 1.6% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.92% on the day, quoting at 24294. The Sensex is at 77994.28, up 1.05%. Bajaj Finance Ltd has risen around 9.94% in last one month.
Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has risen around 1.02% in last one month and is currently quoting at 26556.7, up 1.11% on the day. The volume in the stock stood at 84.58 lakh shares today, compared to the daily average of 89.46 lakh shares in last one month.
The benchmark July futures contract for the stock is quoting at Rs 1054.9, up 1.56% on the day. Bajaj Finance Ltd is up 11.91% in last one year as compared to a 2.7% drop in NIFTY and a 1.11% drop in the Nifty Financial Services index.
The PE of the stock is 39.51 based on TTM earnings ending March 26.
Assets under management (AUM) grew 24% year-on-year to approximately Rs 5,46,900 crore as of June 30, 2026, versus Rs 4,41,450 crore a year earlier, with an increase of about Rs 36,900 crore during the quarter.
The company’s deposit book stood at approximately Rs 68,500 crore as of June 30, 2026.
The company reported a 21.99% rise in consolidated net profit to Rs 5,464.57 crore on an 18.1% jump in total revenue from operations to Rs 21,605.79 crore in Q4 FY26 over Q4 FY25.
Bajaj Finance Ltd rose for a fifth straight session today. The stock is quoting at Rs 1039.5, up 2.07% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.7% on the day, quoting at 24345.55. The Sensex is at 78046.59, up 0.7%. Bajaj Finance Ltd has added around 18.88% in last one month.
Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has added around 7.75% in last one month and is currently quoting at 26862.4, up 0.41% on the day. The volume in the stock stood at 64.77 lakh shares today, compared to the daily average of 95.89 lakh shares in last one month.
The benchmark July futures contract for the stock is quoting at Rs 1042.3, up 1.7% on the day. Bajaj Finance Ltd is up 12.34% in last one year as compared to a 4.38% fall in NIFTY and a 0.39% fall in the Nifty Financial Services index.
The PE of the stock is 37.43 based on TTM earnings ending March 26.
Bajaj Finance Ltd is up for a third straight session in a row. The stock is quoting at Rs 1019.3, up 1.45% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.67% on the day, quoting at 24024.85. The Sensex is at 77045.47, up 0.74%. Bajaj Finance Ltd has risen around 15.57% in last one month.
Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has risen around 7.68% in last one month and is currently quoting at 26554.55, up 0.82% on the day. The volume in the stock stood at 47.17 lakh shares today, compared to the daily average of 103.61 lakh shares in last one month.
The benchmark July futures contract for the stock is quoting at Rs 1022.1, up 1.21% on the day. Bajaj Finance Ltd is up 10.43% in last one year as compared to a 5.61% drop in NIFTY and a 0.34% drop in the Nifty Financial Services index.
The PE of the stock is 36.91 based on TTM earnings ending March 26.
Bajaj Finance Ltd is up for a third straight session in a row. The stock is quoting at Rs 957.8, up 1.64% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.34% on the day, quoting at 23934.35. The Sensex is at 76624.33, up 0.47%. Bajaj Finance Ltd has added around 3.98% in last one month.
Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has added around 4.05% in last one month and is currently quoting at 26274.8, up 0.38% on the day. The volume in the stock stood at 61.93 lakh shares today, compared to the daily average of 107.13 lakh shares in last one month.
The benchmark June futures contract for the stock is quoting at Rs 952.45, up 1.46% on the day. Bajaj Finance Ltd is up 3.77% in last one year as compared to a 3.7% fall in NIFTY and a 0.29% fall in the Nifty Financial Services index.
The PE of the stock is 34.66 based on TTM earnings ending March 26.
Metal, IT and Oil & Gas shares declined while media, realty and pharma shares advanced.
At 13:25 IST, the barometer index, the S&P BSE Sensex declined 226.77 points or 0.30% to 74,133.24. The Nifty 50 index dropped 76.35 points or 0.32% to 23,341.55.
In the broader market under, the BSE 150 MidCap Index shed 0.26% and the BSE 250 SmallCap Index slipped 0.15%.
The market breadth was negative. On the BSE, 1,958 shares rose and 2,081 shares fell. A total of 216 shares were unchanged.
Gainers & Losers:
Bajaj Finance (up 1.72%), Hindustan Unilever (up 1.44%), SBI Life Insurance (up 1.42%) and HDFC Life Insurance (up 1.42%) were the major Nifty50 gainers.
Wipro (down 4.32%), Tata Steel (down 2.98%), Hindalco Industries (down 2.78%) and Trent (down 2.58%) were the major Nifty50 losers.
RBI MPC Outcome:
The MPC, chaired by RBI Governor Sanjay Malhotra, unanimously voted to maintain the repo rate under the liquidity adjustment facility (LAF) at 5.25%. Accordingly, the standing deposit facility (SDF) rate remains at 5%, while the marginal standing facility (MSF) rate and the bank rate continue at 5.50%. The committee also retained its neutral policy stance.
The RBI noted that the prolonged conflict in West Asia has increased risks to both global growth and inflation. Volatile energy markets, falling crude inventories and rising commodity prices have prompted major central banks to adopt a more cautious approach, with advanced economies expected to lean towards tighter monetary policies.
On the domestic front, economic activity has remained resilient, supported by steady private consumption, sustained investment momentum, robust services exports and strong merchandise export growth in April 2026. However, higher freight and insurance costs, coupled with geopolitical uncertainties, are beginning to weigh on the economy. The central bank also flagged concerns over a deficient south-west monsoon, though various government initiatives are expected to help mitigate the impact on agriculture and rural demand.
Taking these factors into account, the RBI revised its FY27 real GDP growth forecast to 6.6% from 6.9% projected earlier. Growth is now estimated at 6.6% in Q1, 6.3% in Q2, 6.5% in Q3 and 6.8% in Q4. The central bank said prolonged supply chain disruptions, volatility in global financial markets and weather-related shocks remain key downside risks to growth.
CPI inflation for FY27 has been projected at 5.1%, compared with the earlier estimate of 4.6%. Quarterly inflation is expected at 4.2% in Q1, 5.1% in Q2, 5.9% in Q3 and 5.4% in Q4, while core inflation is projected at 4.7% for the year.
The RBI highlighted that elevated energy prices, global supply constraints, a weaker monsoon outlook and the risk of El Niño have increased inflation uncertainties. Given these evolving risks, the MPC decided that maintaining the current policy rate and stance would be appropriate until greater clarity emerges.
The minutes of the MPC meeting will be published on 19 June 2026. The next MPC meeting is scheduled for 3 to 5 August 2026.
Economy
The government has announced a series of reforms to attract long-term foreign capital and deepen India's capital markets, including exempting Foreign Portfolio Investors (FPIs) from income tax on interest income and capital gains arising from investments in government securities (G-Secs) with effect from 01 April 2026. Similar tax benefits have been extended to the Bank for International Settlements (BIS).
The government has also expanded foreign investor access to government bonds by including additional long-tenor securities and Sovereign Green Bonds under the Fully Accessible Route (FAR), while removing certain investment restrictions under the General Route. At the same time, investment norms for individual Persons Resident Outside India (PROIs) have been liberalised, allowing them to invest in listed Indian equities through the Portfolio Investment Scheme with higher investment limits. The Finance Ministry said the measures are aimed at simplifying market access, enhancing ease of doing business and attracting stable foreign inflows into India's equity and debt markets.
Stocks in Spotlight:
Banking stocks traded mixed after the Reserve Bank of India (RBI) kept the policy repo rate unchanged at 5.25% at the conclusion of its Monetary Policy Committee (MPC) meeting held from 3 to 5 June 2026.
Punjab National Bank (up 1.41%), Yes Bank Ltd (up 1.41%), Canara Bank (up 1.39%), Axis Bank Ltd (up 0.92%) and ICICI Bank Ltd (up 0.81%), AU Small Finance Bank Ltd (up 0.51%), Union Bank of India (up 0.4%) and State Bank of India (up 0.1%) advanced.
On the other hand, Bank of Baroda (down 2.47%), Kotak Mahindra Bank Ltd (down 0.92%) and Federal Bank Ltd (down 0.63%) declined.
Bharat Heavy Electricals shed 0.47%. The company has received a notification of award (NOA) from Meja Urja Nigam (MUNPL) for the 3x800 MW Meja Supercritical Thermal Power Project Stage-II EPC package.
Lupin advanced 1.17% after the company announced that the United States Food and Drug Administration (USFDA) has approved its ranibizumab, Ranluspec (ranibizumab-hkdz) injection.
Juniper Hotels added 2.42% after the company has entered into an agreement with Juniper Hospitality Assets (JHAPL), and its seller shareholders, Arun Kumar Saraf and Varun Saraf, for the proposed transaction. The company will develop a five- Star hotel on land parcel measuring approximately 2.524 acres in Sector 23, Dwarka, New Delhi, having emerged as the successful bidder for the licence rights to the site.
Avi Polymers rallied 4.95% after the company’s board approved a proposal to issue bonus shares in the ratio of 1:10. Accordingly, the company will issue 1 equity share for every 10 equity shares held by the eligible shareholders as on the record date, subject to such regulatory/statutory approvals as may be required.
Additionally, the company’s board approved the sub-division/split of the face value of equity shares, each equity share with a face value of Rs 10 will be subdivided into 10 equity shares with a face value of Re 1 each. Further, the board has approved a strategic expansion into high-growth sustainable industries including industrial waste management systems, advanced material recycling technology and carbon footprint optimization & sustainability consulting services.
Alembic Pharmaceuticals rose 0.45%. The company announced that it has received final approval from the US Food and Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Haloperidol Tablets USP in strengths of 1 mg, 2 mg, 5 mg, 10 mg, and 20 mg.
CG Power and Industrial Solutions shed 0.41%. The company announced the commissioning and commencement of commercial production at its extra high-voltage (EHV) switchgear manufacturing facility, S3 Unit-II, in Nashik, Maharashtra.
Global Markets:
European and Asian market traded lower on Friday, dragged lower by the overnight slump in key Wall Street tech names.
Overnight in the U.S., the Dow Jones Industrial Average rallied to a fresh all-time high, while the Nasdaq Composite underperformed as investors appeared to rotate out of chip names in favor of non-tech stocks.
The 30-stock Dow jumped 874.86 points, or 1.73%, to close at a record 51,561.93. The Nasdaq lost 0.09% and ended at 26,830.96, while the S&P 500 rose 0.41% to 7,584.31.
The rotation was sparked by a sell-off in Broadcom that led investors to pare exposure to AI-linked stocks. The chipmaker slid more than 12% after its fiscal second-quarter revenue missed estimates. Chip names, which led the latest leg higher in the market’s rally to record levels, fell broadly. The VanEck Semiconductor ETF (SMH) lost more than 1%. Arm Holdings shed more than 4%, while Micron Technology fell close to 8%.
Stocks also came under pressure on Middle East worries. Mixed messages have emerged recently out of negotiations to end the war, which has upset global markets and caused oil and gasoline prices to spike.