NEW DELHI: Bajaj Housing Finance shares debuted at over double the offer price in pre-open trade on Monday as investors bet on strong growth in a booming home loan market.The housing finance company commenced trading on the stock exchanges with an impressive 114% premium. The company’s shares opened at Rs 150 on both the Bombay…
MUMBAI: The current frenzy in the IPO market in India, Bajaj Group reputation and the strong fundamentals of Bajaj Housing Finance combined to set a few new records for the primary market on Wednesday.As the Rs 6,560-crore IPO for Bajaj Housing Finance closed in the evening, there were about 89 lakh investors who had shown…
MUMBAI: Market benchmarks Sensex and Nifty wilted under selling pressure on Friday after a five-day rally as investors pared exposure to banking, financial and consumer durable stocks amid mixed trends in global markets.Rising global crude prices, a depreciating rupee and persistent foreign fund outflows further weighed on sentiment, traders said.Profit-taking also came into play as…
