Bajaj Finance Shows Strong Trading Activity Amid Sector Underperformance

Bajaj Finance Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has emerged as one of the most active equities today, with a total traded volume of 6,577,888 shares and a total traded value of approximately Rs 62,006.46 lakhs. The stock opened at Rs 950.0 and reached a day high of Rs 959.5, while the day low was recorded at Rs 936.0. As of the latest update, the last traded price (LTP) stands at Rs 939.0, reflecting a decline of 1.37% for the day.
Despite this dip, Bajaj Finance is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong overall trend. The stock is currently 4.35% away from its 52-week high of Rs 978.8. Notably, investor participation has increased, with a delivery volume of 64.55 lakhs on June 26, marking a 20.2% rise compared to the 5-day average delivery volume.

In terms of liquidity, the stock remains accessible for trades sized at Rs 19.42 crore, based on 2% of the 5-day average traded value. Overall, while Bajaj Finance has underperformed its sector by 1.35% today, it continues to maintain a solid market position with a market capitalization of Rs 5,83,210.79 crore.