Bajaj

• The BSE SENSEX dropped over 400 points and the NIFTY50 opened at 23,229 as Indian equity markets experienced a gap down opening. • The decline was driven by cautious investor sentiment resulting from mixed global market cues and negative indicators from Nifty futures. • Bajaj Finance and Eternal were identified as the top losers among the stocks during this trading session.

• The Indian stock market closed in the red on Thursday, with the Sensex ending 135 points lower and the Nifty 50 slipping below 23,700. • Markets erased morning gains due to expiry day volatility, rising bond yields, and selling by Foreign Institutional Investors (FIIs), impacting stocks like Bajaj Finance (-2%) and IndiGo (+3%). • In a major corporate move, Adani Ports and Special Economic Zone announced the acquisition of a 100% stake in Jaypee Fertilizers & Industries for Rs 1,500 crore.