Stock Of The Day: Zee Business Managing Editor Anil Singhvi in a special series has suggested a buy on the NBFC company stock’s futures. Futures are a type of derivative contract that creates the obligation for the seller or buyer to engage in the trade at a pre-determined price at a date in the future.
Typically, these contracts are resorted to for making profits by speculating future price movement or for hedging against price variations.
Bajaj Finance share news:
The NBFC in its filing with the exchanges yesterday said its board meeting is scheduled to be held on April 29, 2025:
The company said it will consider, inter-alia, the following:
1. Special (Interim) Dividend for Financial Year 2024-25.
- Proposal of sub-division/ split of existing equity shares having face value of Rs. 2/- each, in accordance with the applicable provisions of the Companies Act, 2013 (including the rules framed thereunder) and SEBI Listing Regulations, 2015;
- Proposal for issue of bonus shares, in accordance with the applicable provisions of the Companies Act, 2013 (including the rules framed thereunder), and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Buy levels for Bajaj Finance futures
Market guru Anil Singhvi suggests buying Bajaj Finance Futures for a target of Rs 9,425 and Rs 9,480- this means an upside of nearly 2 per cent. The stop loss suggested for the trade is Rs 9,265.
He recommends not to buy the stock if it opens with a big gap-up. Also, he expects profit booking at higher levels.
Vikas Sethi of Sethi Finmart also recommends buying Bajaj Finance in the F&O space
The expert recommends buying this stock for a target of Rs 9,600, keeping a stop loss at Rs 9,250 stop loss. The expert hailed that as a whole amid the recent liquidity push – NBFC sector is doing good. Plus, the news around stock split and bonus will further boost up liquidity in the stock and make it more attractive for the stock.
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
