Rs 1 lakh crore wiped off! Bajaj Finance shares tumble 18% in March so far amid raging Iran-US war
Bajaj Finance shares fell 18% in March, erasing over Rs 1 lakh crore in market value amid escalating Iran-US tensions.
The decline follows a 20% monthly drop, driven by rising oil prices, inflation concerns, and Moody’s macro risks. Geopolitical uncertainty from the Iran-US conflict has weighed on financial stocks.
The rout signals heightened risk‑aversion in Indian financials, especially high‑yield lenders. Rising oil prices amplify inflation expectations, tightening credit demand. Sector valuation compression may prompt investors to reassess exposure to asset‑management and fintech firms.
Bajaj Finance shareholders and other financial firms feel the hit; bond investors may see credit spreads widen. Watch for RBI policy moves and any easing in geopolitical tensions.
- Bajaj Finance loses over Rs 1 lakh crore in market value
- Rising oil prices fuel inflation fears, tightening credit demand
- Watch RBI policy and geopolitical easing for market rebound