{"id":109472,"date":"2026-06-08T12:02:31","date_gmt":"2026-06-08T06:32:31","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=109472"},"modified":"2026-06-08T12:02:32","modified_gmt":"2026-06-08T06:32:32","slug":"nifty-financial-services-falls-why-finserv-stocks-declining-june-8-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nifty-financial-services-falls-why-finserv-stocks-declining-june-8-2026\/","title":{"rendered":"Nifty Financial Services Falls 0.93% on June 8, 2026 as Rate Hike Fears and NBFC Credit Concerns Hit Muthoot, Bajaj Finance and SBI Cards"},"content":{"rendered":"
<\/div>\n

Nifty Financial Services 24,824.35 (-0.93%) June 8 2026. Muthoot -3.33%, Cholafin -2.59%, Bajaj Finance -2.53%, AB Capital -2.77%. Rate hike fears. NBFC NPA risk.<\/em><\/p>\n

Nifty Financial Services fell 0.93% to 24,824.35 on June 8, 2026, with non-banking financial companies (NBFCs) bearing the sharpest losses as Federal Reserve rate hike expectations rose sharply on the back of the strong May US nonfarm payroll report. Muthoot Finance led the Nifty Financial Services index lower, falling 3.33% to Rs 3,048, followed by AB Capital at -2.77% to Rs 347.60, PNB Housing Finance at -2.71% to Rs 970.70, Cholamandalam Investment (-2.59% to Rs 1,464.30), and Bajaj Finance at -2.53% to Rs 866.90.<\/p>\n

The Nifty Financial Services decline reflects a sector that is particularly vulnerable to rising interest rate expectations. NBFCs borrow at wholesale market rates and lend to consumers and businesses. When rate hike expectations rise, their cost of funds increases while loan demand softens, squeezing net interest margins and raising credit cost concerns simultaneously.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Stock<\/th>\nSymbol<\/th>\nCMP<\/th>\nChange (%)<\/th>\nSub-Segment<\/th>\n<\/tr>\n<\/thead>\n
Muthoot Finance<\/a><\/td>\nMUTHOOTFIN<\/td>\nRs 3,048.00<\/td>\n-3.33%<\/td>\nGold Finance NBFC<\/td>\n<\/tr>\n
AB Capital<\/a><\/td>\nABCAPITAL<\/td>\nRs 347.60<\/td>\n-2.77%<\/td>\nDiversified NBFC<\/td>\n<\/tr>\n
PNB Housing Finance<\/a><\/td>\nPNBHOUSING<\/td>\nRs 970.70<\/td>\n-2.71%<\/td>\nHousing Finance NBFC<\/td>\n<\/tr>\n
Cholamandalam Inv.<\/td>\nCHOLAFIN<\/td>\nRs 1,464.30<\/td>\n-2.59%<\/td>\nVehicle\/SME Finance NBFC<\/td>\n<\/tr>\n
Bajaj Finance<\/a><\/td>\nBAJFINANCE<\/td>\nRs 866.90<\/td>\n-2.53%<\/td>\nConsumer Finance NBFC<\/td>\n<\/tr>\n
Shriram Finance<\/a><\/td>\nSHRIRAMFIN<\/td>\nRs 903.00<\/td>\n-2.20%<\/td>\nCV \/ MSME Finance NBFC<\/td>\n<\/tr>\n
L&T Finance<\/a><\/td>\nLTF<\/td>\nRs 262.80<\/td>\n-2.16%<\/td>\nRural \/ Housing Finance NBFC<\/td>\n<\/tr>\n
Bajaj FinServ<\/a><\/td>\nBAJAJFINSV<\/td>\nRs 1,676.50<\/td>\n-1.57%<\/td>\nNBFC Holding Company<\/td>\n<\/tr>\n
SBI Cards<\/a><\/td>\nSBICARD<\/td>\nRs 581.30<\/td>\n-1.41%<\/td>\nCredit Cards<\/td>\n<\/tr>\n
Jio Finance<\/a><\/td>\nJIOFIN<\/td>\nRs 232.55<\/td>\n-1.83%<\/td>\nDigital NBFC<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n

3 Stocks Building Serious Momentum Right Now<\/p>\n

When Univest analysts<\/strong> identify high-conviction stock opportunities, investors pay attention.<\/em><\/p>\n

Our research team has shortlisted the Top Stocks to Buy<\/strong> based on current market momentum, sector trends & growth potential for 2026.<\/p>\n