Bajaj Housing Finance Ltd. (BHF) has been a significant name in India’s financial sector, especially after its much-anticipated IPO in September 2024. Despite a strong debut, the stock has faced turbulence recently due to anchor investor sell-offs and broader market conditions. This blog delves deep into the stock’s performance, technical levels, and future prospects to provide investors with actionable insights. Let’s explore the key developments in Bajaj Housing Finance’s journey and its implications. Bajaj Housing Finance’s Market Journey A Promising Start with an IPO Bajaj Housing Finance made headlines with its stock market debut on September 16, 2024. The company raised a substantial ₹1,757 crore, with 25.11 crore shares allocated to high-profile anchor investors, including Capital Group Global Equity Fund (Canada) and ICICI Prudential Banking and Financial Services. On its first trading day, the stock soared by 135% from its issue price, marking one of the most successful IPO la...