Bajaj Finance Gains 4.32%: 6 Key Factors Driving the Week’s Momentum

09 February 2026: Modest Start Amid Positive Market Sentiment

Bajaj Finance began the week at Rs.983.00, registering a slight gain of 0.14% on volume of 97,623 shares. The Sensex outperformed with a 1.04% rise to 37,113.23, reflecting broader market optimism. The stock’s modest advance set a cautious tone ahead of a more volatile week.

10 February 2026: Sharp Correction on Heavy Volume

The stock experienced a notable setback, falling 1.80% to Rs.965.35 on significantly increased volume of 303,742 shares. This decline contrasted with the Sensex’s modest 0.25% gain, indicating stock-specific profit-taking or sectoral pressures. The drop marked the week’s low point, setting the stage for a recovery rally.

11 February 2026: Recovery Gains Amid Mixed Market

Bajaj Finance edged up 0.38% to Rs.969.05 on moderate volume of 125,114 shares, while the Sensex rose 0.13%. This slight rebound suggested stabilisation after the prior day’s dip, with investors cautiously re-entering the stock ahead of key developments.

12 February 2026: Intraday High and Heavy Trading Activity

The stock surged 3.17% to close at Rs.999.80, touching an intraday high of Rs.1,001.5. This 3.28% intraday gain outpaced the NBFC sector and the broader market, which declined 0.56%. Bajaj Finance recorded exceptional liquidity with 4,942,242 shares traded, valued at approximately ₹486.82 crores, positioning it among the most actively traded stocks by value. Despite the strong price action, delivery volumes declined sharply by 67.77% compared to the five-day average, indicating a mix of speculative trading and cautious long-term holding.

Technical indicators showed the stock trading above its 5-day, 20-day, 50-day, and 200-day moving averages, signalling short- to long-term strength, though resistance remained near the 100-day average. The surge in call option activity at the ₹1,000 strike price ahead of the 24 February expiry further highlighted bullish sentiment, with nearly 28,000 contracts traded, reflecting market optimism despite a recent downgrade in mojo rating to Hold.

13 February 2026: Continued Strength and Institutional Interest

Bajaj Finance extended its rally, gaining 2.43% to close at Rs.1,024.10, with an intraday high of Rs.1,025. The stock outperformed the NBFC sector by 3.73% and the Sensex by 2.96%, which fell 1.40%. Trading volume surged to 5,842,010 shares, with a traded value exceeding ₹534.22 crores, underscoring strong institutional participation. Delivery volumes rose sharply by 130.71% compared to the five-day average, signalling increased long-term investor confidence.

Technically, the stock traded above all key moving averages, including the 100-day average, indicating a robust upward trend. The mojo score remained at 65.0 with a Hold rating, reflecting a cautious but positive outlook. Call option activity remained elevated, with over 11,900 contracts traded at the ₹1,000 strike, suggesting sustained bullish positioning ahead of the February expiry.

Weekly Price Performance: Bajaj Finance vs Sensex

Key Takeaways

Strong Outperformance: Bajaj Finance’s 4.32% weekly gain sharply outpaced the Sensex’s 0.54% decline, highlighting its relative strength amid a challenging market backdrop.

Robust Intraday Gains and Volume: The stock’s intraday highs of Rs.1,001.5 and Rs.1,025 on 12 and 13 February respectively, coupled with multi-crore traded values, underscore strong investor interest and liquidity.

Technical Momentum: Trading above key moving averages, including the 100-day average by week’s end, signals sustained upward momentum and positive trend alignment.

Mixed Delivery Volumes: While delivery volumes dipped sharply on 12 February, the subsequent surge on 13 February suggests renewed long-term investor confidence.

Elevated Call Option Activity: Heavy call option volumes at the ₹1,000 strike ahead of the 24 February expiry reflect bullish market positioning despite a mojo rating downgrade to Hold.

Mojo Rating Downgrade: The shift from Buy to Hold with a mojo score of 65.0 indicates a more cautious outlook, balancing strong price action with valuation and sectoral considerations.

Conclusion

Bajaj Finance Ltd demonstrated notable resilience and strength during the week ending 13 February 2026, delivering a 4.32% gain that outperformed the broader market and its sector peers. The stock’s robust intraday rallies, heavy trading volumes, and heightened call option activity underscore strong investor interest and technical momentum. However, the recent downgrade in mojo rating to Hold and fluctuating delivery volumes suggest a need for cautious monitoring. Investors should watch the stock’s ability to sustain gains above key technical levels and remain attentive to sectoral developments and upcoming expiry dynamics. Overall, Bajaj Finance remains a prominent large-cap NBFC stock with a balanced outlook amid evolving market conditions.

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