Apr 26, 2024 at 7:56 am GMT
** India's benchmark indexes Nifty 50 . NSEI and S&P BSE Sensex .BSESN drop 0.35% each as a sharp fall in Bajaj Finance shares on weaker FY25 outlook weighs
** Bajaj Finance BJFN .NS down 7.4%, the most in 16 months, after the non-bank lender forecast slower asset growth and weaker margins - top loser on the Nifty
** Heavyweight Nifty financial .NIFTYFIN sheds 0.6%
** Bajaj Finserv BJFS .NS, Shriram Finance SHMF .NS are among top losers on the Nifty, down 3.8% and 5.5%, respectively, ahead of Q4 results
** Tech Mahindra TEML .NS jumps 7.7% as brokerages welcome company's turnaround plan to lead gains in IT index .NIFTYIT, which is up 1.25%
** Including session's drop, Nifty 50 is up 1.6% so far this week; on course for best week since early Feb.
** Easing geopolitical tensions in Middle East, rangebound oil prices, lack of any major negative surprises from earnings and steady domestic investor inflows have helped Indian equities, says G Chokkalingam, founder and head of research at Equinomics Research
Reporting by Manvi Pant in Bengaluru
Sumber : Reuters
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