neutral
Recently
Nifty Private Bank Index Declines Amid Bajaj Housing Stake Sale
The Nifty Private Bank Index fell 0.7% as a result of a stake sale in Bajaj Housing Finance, sparking profit-taking in the financials sector.
The Nifty Private Bank Index slipped 0.7% following a block deal that saw the sale of a 2.35% stake in Bajaj Housing Finance. The selling pressure on Bajaj Housing triggered broader profit-taking in the financials sector. Despite the decline, the stock of Bajaj Housing Finance remains in focus, with investors awaiting further developments regarding the sale's long-term impact.