India's Bajaj Finance and NBFCs surge post-RBI rate cut, with shares hitting record highs amid lower funding costs and a profitable growth outlook.

• Bajaj Finance hits record high, NBFC peers rise as Nifty finance index gains 0.9% on RBI rate cut.
• RBI cuts key rate by 50 bps and CRR by 100 bps, reducing NBFC funding costs and boosting profitability.
• Bajaj up 43%, Cholamandalam 39%, Shriram 22% year to date amid improved sector sentiment.