- Easing Brent crude prices are supporting Nifty and Sensex, while companies like Grasim Industries and Bharti Airtel are among the top losers due to tensions in West Asia.
- Market indices reflect investor caution amid elevated crude oil prices, affecting stocks like Bajaj Finance and Axis Bank.
Indian Market Selloff: Axis Bank and Bajaj Finance Lag During Risk-Averse Trading
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Indian equity benchmark indices experienced a sharp selloff on September 24, 2026, as investors turned risk-averse due to firm crude oil prices and a global bond market rout. The Sensex plunged 1.67% and the Nifty declined 1.64%. Among the constituents, Axis Bank and Bajaj Finance were noted as top laggards, contributing significantly to the decline.
From prokerala.com
Why it matters
The decline reflects broad investor caution driven by crude oil prices and global bond market volatility. The performance of financial institutions like Axis Bank and Bajaj Finance is tied to overall market sentiment and macroeconomic factors.
Market indices are currently reflecting investor caution amid elevated crude oil prices.
From prokerala.com
Who's involved
- Axis BankIndian private sector bank that was named as a top laggard in the market selloff.
- Bajaj FinanceIndian non-banking financial company that was named as a top laggard in the market selloff.
- Bajaj FinservIndian financial services company that serves as the corporate umbrella for Bajaj Finance.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Axis BankSpeculative
Axis Bank might see its stock price decline due to the market selloff.
- Bajaj FinanceSpeculative
Bajaj Finance could see its stock price decline due to the market selloff.
Keep exploring
The entities involved
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Axis Bank
Indian private sector bank
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Bajaj Finance
Indian non-banking financial company
Related events
- Both Axis Bank and Infosys were listed among the Nifty 50 gainers or losers on September 25, 2026.
- Indian banking stocks declined during a market sell-off on September 24, 2026, involving Axis Bank, IDFC FIRST Bank, and IndusInd Bank.
- Bajaj Finance and Shriram Finance Limited are strong-performing peers in the robustly growing NBFC sector, with the companies based in Jaipur, India.