RBI s dividend payout for FY24 was double what the government projected, hence, providing it with extra funds to ramp up capital expenditure, lower the fiscal deficit, or a mix of both.
Indian market opened flat, turned red initially but rebounded strongly, led by bluechip stocks and sectoral indices. Sensex rose 611 points to 74,070.84, Nifty went up 156.5 points to 22,502.15.
Despite a stellar 4000% return in the last 10 years, the NBFC stock Bajaj Finance has been underperforming in recent times. Will its performance improve? Here s what technical and fundamental experts say.