What Caused Bajaj Finance's Market Value to Drop by Nearly Rs 5,000 Crore This Week?
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Synopsis
This week saw a significant drop in Bajaj Finance's market value by nearly Rs 5,000 crore. The decline reflects broader trends affecting major Indian companies, with various factors at play such as rising visa fees and currency fluctuations. Gain insight into the implications of this downturn and its impact on the market.
Key Takeaways
- Bajaj Finance saw a drop of Rs 4,977.99 crore in market value.
- The current market valuation is Rs 6,12,914.73 crore.
- The market decline reflects broader bearish trends affecting major firms.
- Other tech stocks suffered due to rising H-1B visa fees.
- Investor concerns were heightened by currency fluctuations.
Mumbai, Sep 28 (NationPress) The market capitalization of Bajaj Finance has decreased by Rs 4,977.99 crore this week, bringing its total to Rs 6,12,914.73 crore. This downturn reflects a significant trend as some of India’s premier companies faced steep declines amidst a bearish equity market.
The broader market echoed these challenges, with the BSE benchmark suffering a decline of 2,199.77 points or 2.66 percent over the week.
These substantial losses can be attributed to various factors. A notable rise in H-1B visa fees led to heavy selling in technology stocks, compounded by the Indian rupee hitting a record low against the US dollar, which further raised investor apprehensions.
Moreover, the introduction of 100 percent tariffs on branded and patented pharmaceutical imports to the United States negatively affected sentiment across multiple sectors, according to Ponmudi R, CEO of the online trading and wealth tech firm Enrich Money.
Among the top ten most valued companies, Tata Consultancy Services (TCS) was hit hard, losing Rs 97,597.91 crore in market value, now standing at Rs 10,49,281.56 crore.
Reliance Industries saw its valuation decline by Rs 40,462.09 crore to Rs 18,64,436.42 crore, while Infosys lost Rs 38,095.78 crore, bringing it to Rs 6,01,805.25 crore.
Major banking institutions were also impacted, with HDFC Bank’s market value falling by Rs 33,032.97 crore to Rs 14,51,783.29 crore and ICICI Bank’s by Rs 29,646.78 crore, now at Rs 9,72,007.68 crore.
Bharti Airtel experienced a valuation drop of Rs 26,030.11 crore to Rs 10,92,922.53 crore, while Life Insurance Corporation of India (LIC) fell by Rs 13,693.62 crore to Rs 5,51,919.30 crore.
Hindustan Unilever saw its market cap decline by Rs 11,278.04 crore to Rs 5,89,947.12 crore, and State Bank of India dropped by Rs 4,846.07 crore to Rs 7,91,063.93 crore.
Despite these setbacks, the most valued companies in India still include HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Hindustan Unilever, and LIC.
Point of View
It is crucial to recognize the interconnectedness of market trends. The decline in Bajaj Finance’s market value is not an isolated incident but part of a larger economic framework influenced by global factors. This volatility serves as a reminder for investors to remain vigilant and informed.
NationPress
28/09/2025
Frequently Asked Questions
What caused Bajaj Finance's market value to decline?
Bajaj Finance's market value dropped due to a combination of factors, including rising H-1B visa fees, the Indian rupee's depreciation against the US dollar, and increased tariffs on pharmaceutical imports.
How much did Bajaj Finance lose in market valuation?
Bajaj Finance's market valuation fell by Rs 4,977.99 crore this week.
What is the current market value of Bajaj Finance?
As of this week, Bajaj Finance's market value stands at Rs 6,12,914.73 crore.
Which other companies experienced market valuation declines?
Other companies such as Tata Consultancy Services, Reliance Industries, and Infosys also saw significant declines in their market valuations.
What is the overall market trend affecting these companies?
The overall market trend is bearish, with the BSE benchmark declining by 2,199.77 points or 2.66 percent during the week.
