Concerns of higher credit costs, increasing stress in the MSME portfolio, along with weak 2W/3W loans, led to the fall in the Bajaj Finance's shares, that sank up to six percent intraday. Further, no relief was seen for Bajaj Finserv either, despite a solid quarterly show. The sell-off seen in the Bajaj twins, coupled with the fall in blue-chip banking counters, led to serious losses in the both the indices. All sectoral indices, barring pharma and healthcare, sank deep into the red. The Nifty Media index led losses, sinking over 2.5%, while the Nifty IT, Metal, Auto, PSU Bank, and Realty indices were over one percent lower each. The broader markets too, extended losses, with the midcap and smallcap gauges sinking up to two percent, indicating broad-based selling. The volatility index, India VIX, spiked over five percent, soaring, as fear and caution increased across Dalal Street. #BajajFinance, #BajajFinserv, #StockMarketUpdate, #DalalStreet, #MarketCrash, #CreditStress, #MSME, #2W3WLoans, #BankingStocks, #Nifty50, #Sensex, #NiftyMedia, #NiftyIT, #PSUBanks, #Midcaps, #Smallcaps, #MarketVolatility, #IndiaVIX, #StockSelloff, #IndianStockMarket, #MarketNews