Bajaj Auto Gains 0.60%: 5 Key Factors Driving the Week’s Momentum

5 January 2026: New 52-Week High Signals Renewed Momentum

On 5 January, Bajaj Auto Ltd. reached a new 52-week high of Rs.9,677.95, marking a significant milestone for the stock. Despite the Sensex declining by 0.18% to close at 37,730.95, Bajaj Auto’s price held firm, closing nearly flat at Rs.9,498.95 with a negligible loss of 0.02%. This resilience was underpinned by the stock trading above all key moving averages, signalling sustained upward momentum. The 52-week high represented a 36.5% gain from the stock’s 52-week low of Rs.7,088.25, highlighting a strong recovery over the past year.

6 January 2026: Fresh 52-Week High and Surge in Call Option Activity

Bajaj Auto Ltd. continued its upward trajectory on 6 January, hitting a new 52-week high of Rs.9,782.75. The stock closed at Rs.9,659.35, up 1.69%, outperforming the Sensex which fell 0.19% to 37,657.70. This day also saw a notable surge in call option activity, with 11,609 contracts traded at the ₹10,000 strike price expiring on 27 January 2026, generating a turnover of approximately ₹885.13 lakhs. The open interest of 2,995 contracts at this strike price indicates strong bullish sentiment among traders anticipating a potential breakout above this psychological resistance level.

Despite a decline in delivery volumes by 28.44% compared to the five-day average, the stock’s technical position remained robust, trading above all major moving averages. The Mojo Score of 58.0 with a 'Hold' grade reflects cautious optimism amid improving fundamentals and market perception.

7 January 2026: Continued Gains and New 52-Week High

The stock extended its gains on 7 January, reaching a new 52-week high of Rs.9,808.75 and closing at Rs.9,793.00, up 1.38%. This marked the second consecutive day of gains, delivering a cumulative return of 3.2% over the two sessions. Bajaj Auto outperformed the automobile sector by 1.01% and the Sensex, which was marginally up by 0.03% at 37,669.63. The stock’s position above all major moving averages reinforced the positive technical outlook, signalling broad-based buying interest across short-, medium-, and long-term horizons.

Over the past year, Bajaj Auto has delivered an 11.26% return, comfortably outpacing the Sensex’s 8.65% gain, underscoring its relative strength within the benchmark index.

8 January 2026: New 52-Week High Amid Mixed Market Conditions

On 8 January, Bajaj Auto Ltd. achieved its highest price in the past year at Rs.9,883.30, closing at Rs.9,760.90, a slight decline of 0.33% from the previous day’s close. Despite this minor dip, the stock maintained a cumulative gain of 3.98% over the last three trading sessions. The broader market was more cautious, with the Sensex falling 1.41% to 37,137.33. Bajaj Auto’s outperformance of the automobile sector by 0.86% and its sustained trading above all key moving averages highlighted its resilience amid short-term market volatility.

The stock’s one-year return of 13.99% significantly outpaced the Sensex’s 8.52%, reflecting strong investor confidence and operational strength. The Mojo Score remained steady at 58.0 with a 'Hold' rating, upgraded from 'Sell' on 22 December 2025.

9 January 2026: Week Closes with a Decline Amid Broader Market Weakness

The week concluded on a weaker note for Bajaj Auto Ltd., with the stock closing at Rs.9,557.40, down 2.08% on the day. This decline came amid a broader market sell-off, with the Sensex falling 0.89% to 36,807.62. Despite the day’s loss, Bajaj Auto ended the week with a net gain of 0.60%, significantly outperforming the Sensex’s 2.62% decline over the same period. The stock’s weekly high of Rs.9,883.30 and multiple 52-week highs earlier in the week underscore the underlying strength and positive momentum that characterised the trading sessions.

Key Takeaways

Positive Signals: Bajaj Auto Ltd. demonstrated consistent strength by hitting four consecutive new 52-week highs from 5 to 8 January, supported by strong technical positioning above all major moving averages. The stock outperformed the Sensex by 3.22% over the week, closing with a 0.60% gain despite broader market weakness. The surge in call option activity at the ₹10,000 strike price indicates bullish sentiment among traders anticipating further upside.

Cautionary Notes: The decline in delivery volumes on 6 January suggests some profit-booking or cautious participation from longer-term investors. The stock’s 2.08% drop on the final trading day reflects sensitivity to broader market volatility. The Mojo Grade remains at 'Hold', signalling a balanced outlook amid sectoral and macroeconomic uncertainties.

Conclusion

Bajaj Auto Ltd.’s performance during the week of 5 to 9 January 2026 was marked by notable resilience and technical strength. The stock’s ability to set multiple new 52-week highs amid a mixed market environment highlights its relative robustness within the automobile sector. While the final day’s decline tempered the week’s gains, the overall outperformance versus the Sensex and sector peers underscores Bajaj Auto’s solid positioning. The sustained call option activity and improved Mojo rating further reflect cautious optimism among market participants. Investors should continue to monitor volume trends and broader market cues as the stock navigates near-term resistance levels and evolving sector dynamics.

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