India's Bajaj Finance, Bajaj Finserv jump over 3% each

Bajaj Finserv

29/08/2024 10:54

** Shares of Bajaj Finance  BJFN.NS  and Bajaj Finserv
 BJFS.NS  surge as much as 3.7% and 3.4%, respectively
    ** Media reports indicate rally ahead of Bajaj Housing
Finance IPO
    ** However, Reuters could not immediately ascertain a reason
for stock move
    ** BJFS shares hit their highest levels since Nov. 2022,
while BJFN tops its early-July high
    ** BJFS sees busiest trading session since early-May, while
it was BJFN's most active session since late-July 
    ** Analysts' avg rating on both stocks is "buy" - LSEG data
    ** Stocks top percentage gainers on the Nifty 50 index
 .NSEI , which is up 0.5%  .BO 
    ** BJFN and BJFS last up 1.8% and 2.3%, respectively

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))