Non-banking lender Bajaj Finance is getting fresh attention from analysts after holding up far better than the broader market in a difficult year for Indian equities. The stock is down just about 2% so far in 2026, compared with a nearly 13% fall in the Nifty.
That relative strength has stood out at a time when foreign selling, high US bond yields, elevated crude prices and a weak rupee have dragged Indian benchmarks into one of their worst phases in years. The Nifty fell about 6% in September alone, while financial stocks also came under pressure because of broader risk aversion and regulatory worries.
