Intraday Price Movement and Trading Dynamics
On 3 Feb 2026, Bajaj Finserv Ltd opened with a notable gap-up of 3.94%, signalling early bullish sentiment among traders. The stock maintained upward momentum, reaching its peak intraday price of Rs 2,045.1, which represents a 5.95% gain from the prior session’s close. By the end of the trading day, the stock recorded a day change of 4.71%, closing near its high point.
This strong intraday performance was accompanied by a two-day consecutive gain streak, with the stock appreciating 5.92% over this period. Such sustained upward movement highlights persistent demand and positive trading interest within the holding company sector.
Comparison with Sector and Market Benchmarks
Bajaj Finserv Ltd outperformed the Finance/NBFC sector, which itself gained 3.86% on the day. The stock’s 4.71% rise exceeded the sector’s performance by 0.97%, underscoring its relative strength. In comparison, the Sensex index, despite opening 3,656.74 points higher, lost momentum and closed down by 1,403.15 points, a decline of 2.76%, trading at 83,920.05.
Over the short term, Bajaj Finserv Ltd’s one-day return of 4.96% also outpaced the Sensex’s 2.68% gain. The stock’s one-week performance stands at 5.75%, compared to the Sensex’s 2.44%, further emphasising its recent resilience amid broader market fluctuations.
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Technical Indicators and Moving Averages
The stock’s price currently trades above its 5-day and 20-day moving averages, indicating short-term bullish momentum. However, it remains below its 50-day, 100-day, and 200-day moving averages, suggesting that longer-term trends have yet to fully align with the recent gains.
This positioning implies that while immediate trading action is positive, the stock is still navigating through broader technical resistance levels that may influence future price movements.
Longer-Term Performance Context
Examining Bajaj Finserv Ltd’s performance over extended periods reveals a mixed but generally positive trend. The stock has delivered a 12.90% return over the past year, outperforming the Sensex’s 8.64% gain. Over three years, the stock’s return of 51.47% significantly exceeds the Sensex’s 37.82%, and over five years, it has more than doubled with a 112.54% gain compared to the Sensex’s 66.85%.
Remarkably, over a decade, Bajaj Finserv Ltd has surged by 977.18%, vastly outpacing the Sensex’s 246.16% increase. These figures highlight the company’s strong historical growth trajectory within the holding company sector.
Market Capitalisation and Mojo Score
Bajaj Finserv Ltd holds a market cap grade of 1, reflecting its status as a large-cap entity within the holding company industry. The company’s Mojo Score currently stands at 47.0, with a Mojo Grade of Sell, downgraded from Hold as of 1 Feb 2026. This rating change indicates a reassessment of the stock’s overall quality metrics and trend assessments by MarketsMOJO.
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Sector and Market Environment
The Finance/NBFC sector’s 3.86% gain on the day contributed positively to Bajaj Finserv Ltd’s performance. Despite the broader market’s retreat, with the Sensex closing 2.76% lower, mega-cap stocks led the market, providing pockets of strength. The Sensex remains 2.67% below its 52-week high of 86,159.02, trading below its 50-day moving average, although the 50DMA itself is positioned above the 200DMA, indicating a cautiously optimistic medium-term market structure.
Within this context, Bajaj Finserv Ltd’s ability to outperform both its sector and the broader index highlights its relative resilience and the strength of its trading action on 3 Feb 2026.
Summary of Key Trading Metrics
To summarise, Bajaj Finserv Ltd’s key intraday and recent performance metrics include:
- Intraday high of Rs 2,045.1, a 5.95% increase
- Day change of 4.71%
- Opening gap-up of 3.94%
- Outperformance of sector by 0.97%
- Two consecutive days of gains, totalling 5.92%
- Trading above 5-day and 20-day moving averages
- Mojo Grade downgraded to Sell on 1 Feb 2026
These figures reflect a strong intraday showing and sustained positive momentum in the short term, despite some longer-term technical resistance and a recent downgrade in quality grading.
Conclusion
Bajaj Finserv Ltd’s strong intraday surge on 3 Feb 2026, reaching an intraday high of Rs 2,045.1, underscores significant buying interest and positive trading dynamics within the holding company sector. The stock’s outperformance relative to both its sector and the Sensex, combined with its recent consecutive gains, highlights its current market strength. While technical indicators suggest some resistance at longer-term moving averages, the immediate price action remains robust amid a mixed broader market environment.
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