IndusInd Bank, Bajaj Finserv and Jio Financial Services were among major gainers in today's session with IndusInd Bank trading 1.6 percent higher. While overall markets are trading slightly negative, Tata Steel, Bajaj Finserv, Jio Financial Services, and Bajaj Finance were trading positive. Among major losers in today's trade were Bharti Airtel, HDFC Life, Infosys, Bajaj Auto, Tech Mahindra and Wipro.

IndusInd Bank

IndusInd Bank recently faced significant setbacks with revelations of accounting irregularities and a subsequent record loss announcement. These issues stemmed from misclassified derivative trades and suspected internal fraud, leading to a staggering ₹2,328 crore net loss for Q4 FY25. The bank's management overhaul and attempts to restore transparency have been met with cautious market optimism.

Market Reaction

The stock initially plummeted following the loss announcement but later recovered slightly, reflecting investor hope that corrective measures could stabilize its operations. Ongoing volatility remains a key concern, with daily fluctuations exceeding 8%.

Analyst Views and Recommendations

JPMorgan downgraded IndusInd Bank to "Underweight" with a revised target price of ₹550, emphasizing prolonged recovery periods for key financial metrics. Analyst sentiment across the board remains divided, with a significant number of analysts adopting a cautious outlook due to the bank's uncertain future.

Bajaj Finserv

Bajaj Finserv has demonstrated resilience amid market volatility, recording a 6.82% increase in share price over the past three months. The company's robust performance is underpinned by strong fundamentals and positive technical indicators, positioning it favorably within the NBFC sector.

Corporate Announcements

Recent corporate activities include the release of the Business Responsibility and Sustainability Report for FY2025, highlighting Bajaj Finserv's commitment to ESG initiatives. The upcoming Board Meeting to discuss Q1 FY26 results and dividend declarations is anticipated to drive further investor interest.

Analyst and Market Strategist Views

Bajaj Finserv AMC projects optimistic growth prospects for FY26, citing supportive fiscal policies and favorable market conditions. The company's strategic focus on sustainability initiatives and consistent earnings growth underscores its stability and long-term viability.

Jio Financial Services

Jio Financial Services has witnessed a remarkable turnaround, marked by strategic acquisitions and regulatory approvals in the digital banking sector. The company's acquisition of Jio Payments Bank and subsequent regulatory clearances highlight its commitment to expanding fintech capabilities.

Financial Highlights

Notable financial milestones include a significant increase in Q4 profits and enhanced asset management capabilities. Despite high valuation metrics, market sentiment remains bullish, driven by expectations of sustained digital expansion and operational synergies.