Bajaj Housing Finance Struggles Amid Broader Market Resilience and Declining Trends

Bajaj Housing Finance has experienced a notable decline of 3.06% on May 6, 2025, underperforming its sector by 1.5%. The stock reached an intraday low of Rs 118.6, reflecting a drop of 3.26% during the trading session. Currently, Bajaj Housing Finance is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its short to long-term performance.
In the broader market context, the Sensex opened positively but has since fallen by 296.85 points, currently trading at 80,610.39, down 0.23%. Despite this decline, the Sensex has shown resilience over the past three weeks, gaining 7.26%. However, Bajaj Housing Finance's performance over various time frames has been lackluster, with a 1-day decline of 3.18%, a 1-week drop of 3.89%, and a year-to-date decrease of 6.87%. In contrast, the Sensex has recorded a year-to-date gain of 3.16%, highlighting the challenges faced by Bajaj Housing Finance in the current market environment.