The company’s board has approved the sub-division of equity shares in 1:5 ratio, which means each share of Bajaj Finserv having a face value of Rs 5 will split into five shares with a face value of Re 1 each.
Foreign investors have resumed selling Indian equities in September, with FPI outflows crossing Rs 23,000 crore through September 19. Higher crude prices, elevated US bond
Indian equities extended their recovery, with Nifty gaining 0.33% as moderation in crude and global yields supported sentiment. Sensex slipped 0.03%, while broader markets outperformed.
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