Nifty, Sensex begin the day in red; Bajaj Finance, Bajaj Finserv shares down by over 6%
By Ankur Chandra | Updated at: Nov 11, 2025 11:19 AM IST
Indian equity markets have started the day in red today. At 9:35 a.m. IST, 11th November, 2025, Nifty 50 is down by 48.15 points or 0.19%. Sensex is down by 191.95 points or 0.23%.
All the broad market indices in red
All the broad market indices are in red at this time. Volatility is also up sharply. Nifty VIX index is up by 3.76%. Among sectoral indices, Nifty Midsmall IT & Telecom index is the top gainer at this time. It is up by 0.20%, showing some marginal gains.
Nifty Financial Services Ex-Bank index is the top loser among sectoral indices at this time. It is down by 2%. This is mainly because of the declines that shares of Bajaj Finance and Bajaj Finserv are seeing at this time.
Bajaj Finance, Bajaj Finserv shares down by over 6%
Bajaj Finance shares are down by 6.94%, trading at Rs 1009.70. Bajaj Finserv share price is down by 6.12%, trading at Rs 1988.60. Bajaj Finance yesterday declared its September quarter result. It lowered its growth forecast for Assets under Management (AUM) for FY 26 because of the stress that it is seeing in its MSME loan portfolio. The company also said that its home mortgage loan segment is seeing strong competition. It also reported muted demand in the home loan segment. The company has lowered its growth guidance for AUM for FY 26 to 22-23% from the earlier 24-25%.
The stress that Bajaj Finserv is seeing in its MSME (micro, small and medium enterprises) portfolio may also point to the broader weakness in the economy and MSME segment. Many MSME companies have come under pressure because of higher US tariffs.
Top gainers & losers
Top 3 gainers at Nifty 50 at this time are BEL, Indigo and Bharti Airtel. Top 3 losers are Bajaj Finance, Bajaj Finserv and TMPV.
Market breadth is sharply negative at this time. 967 stocks are gaining at NSE at this time. 1757 stocks are declining.
Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.
Source: NSE, Bajaj Finance
