Bajaj Finance shares have plunged over 20% in a month, eroding more than Rs 1 lakh crore in market value amid escalating Iran-US tensions. Rising oil prices, inflation concerns and macroeconomic risks flagged by Moody’s have weighed on sentiment, dragging financial stocks lower and keeping investors cautious amid ongoing geopolitical uncertainty.
Global Market Today: Asia stocks edge higher, oil up amid Gulf confusion
Asian share markets followed Wall Street higher after a soft US jobs report. Oil prices increased slightly due to stalled Gulf peace talks and shipping