Bajaj Finance shares climbed 1.72 per cent to close at ₹1,046.80 on Friday, December 5, as the RBI’s 25 basis points repo rate cut to 5.25 per cent lifted sentiment across rate-sensitive sectors. However, its subsidiary Bajaj Housing Finance continued its decline, falling 0.69 per cent to ₹95.65, hovering near its 52-week low of ₹95 hit earlier this week.
The divergence comes as Bajaj Housing Finance faces continued selling pressure after promoter Bajaj Finance offloaded stake worth ₹1,600 crore. The housing finance stock has nearly halved from its post-listing high of ₹188.5, now trading closer to its IPO price of ₹70. Promoters still hold over 85 per cent stake, raising concerns about further supply to meet minimum shareholding norms.
The RBI’s rate cut, the fourth this year totaling 125 basis points since February, triggered a rally in banking and NBFC stocks. Nifty Bank rose 0.8 per cent while banking stocks gained up to 1.5 per cent.
The policy move was welcomed, stating it would ease borrowing costs and spur demand in housing and real estate. The rate cut is expected to reduce home loan EMIs by ₹600-1,500 per month on loans of ₹40-50 lakh.
Despite the positive sector sentiment, Bajaj Housing Finance’s overhang from promoter stake sale continues to weigh on investor sentiment, overshadowing the broader sectoral rally.
Published on December 5, 2025
