Positive impactStocks
Stocks to buy: Ganesh Dongre of Anand Rathi recommends Larsen and Toubro, Equitas, Bajaj Finance shares | Target, SL
Mint 1 hr ago·18 Oct 2026, 10:21 am
Ganesh Dongre, a senior strategist at Anand Rathi, has added Bajaj Finance to his latest list of recommended stocks. He says the current macro environment – a hawkish U.S. Federal Reserve, similar tone from other central banks including the RBI, and a bias toward higher U.S. 10‑year yields – is shaping foreign institutional investors’ trading patterns, and he sees Bajaj Finance as well‑positioned in that context.
For investors, the recommendation matters because Bajaj Finance is one of India’s largest consumer‑finance lenders with a diversified loan book and a track record of maintaining asset quality. Its performance will likely be influenced by the same macro forces Dongre highlighted, so keeping an eye on Fed policy moves, RBI rate decisions, U.S. bond‑yield trends and overall FII flows will be key. Domestic credit‑growth data and any regulatory changes affecting non‑bank lenders are also worth monitoring.
Excerpt from Mint
Stock market outlook: Hawkish US Fed, other global central banks including RBI, and the upward bias in US 10-year boond yields, may continue to dictate FIIs' trade patttern, says Ganesh Dongre of Anand Rathi Stocks to buy | Ganesh Dongre's stock recommendations: The key benchmark indices of the Indian stock market…Read the original at Mint
Affected stocks
Bullish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Bajaj Finance (BAJFINANCE).
- Category: Stocks.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update for Bajaj Finance worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
