Bajaj Finance Sees Surge in Trading Activity Amid Strong Market Position

Bajaj Finance Ltd, a prominent player in the Finance/NBFC sector, has emerged as one of the most active equities today, with a total traded volume of 868,682 shares and a total traded value of approximately Rs 82,014.44 lakhs. The stock opened at Rs 9,620.00, reflecting a gain of 3.19% from the previous close of Rs 9,323.00. Throughout the trading session, Bajaj Finance reached a new 52-week and all-time high of Rs 9,660.00, marking a 3.61% increase from its opening price.
The stock has shown resilience, outperforming its sector by 0.41% and achieving a consecutive gain over the last two days, with a total return of 1.24% during this period. Notably, Bajaj Finance is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has also seen an uptick, with a delivery volume of 640,000 shares on April 23, reflecting a 3.91% increase compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of up to Rs 16.02 crore based on 2% of the 5-day average traded value. Overall, Bajaj Finance's performance today underscores its strong market position and active trading dynamics.