Indian shares open lower amid Pakistan tensions; Bajaj Finance sinks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2025
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Should l Buy ?
Source: Reuters
Market Performance: Indian shares opened lower, with the Nifty 50 down 0.2% and the BSE Sensex dropping 0.15%, influenced by tensions with Pakistan and declines in major sectors, particularly small and mid-caps.
Corporate Developments: Bajaj Finance's stock fell 5% despite a profit increase due to concerns over credit costs, while IndusInd Bank's shares dropped 3% following the resignation of its CEO amid management issues related to accounting lapses.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
