Bajaj Finserv and Bajaj Finance among top gainers of Nifty 50 after board approves fundraising plan. Brokerages positive on Bajaj twins, Jefferies maintains buy rating on Bajaj Finance.
Bajaj Finserv, Nestle India Q1 Results, Netweb Technologies listing in Top News on July 27: Hero MotoCorp, Ultratech Cement, Pidilite Industries ex-dividend stocks, share markets, Nifty in focus.
Bajaj Finserv’s daily trend is bullish to sideways. RSI for monthly is showing sideways momentum. However, RSI for weekly and daily is showing bullish momentum. Based on option chain analysis, the range is between 1600 and 1700. Let’s plan a trade around this.
The strong growth came on the back of Bajaj Finance recording its highest-ever quarterly increase in its customer franchise of 3.84 million and highest-ever new loans booked of 9.94 million in Q1FY24
Its subsidiary Bajaj Finance recorded its highest-ever quarterly increase in customer franchise of 3.84 million and the highest-ever new loans booked of 9.94 million in the June quarter.