Bajaj Finance Shows Increased Trading Activity Amid Sector Underperformance

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 134,496 shares and a total traded value of approximately Rs 12,034.00 lakhs. The stock opened at Rs 8,997.60 and reached a day high of Rs 9,028.90, while the day low was recorded at Rs 8,892.00. As of the latest update, the last traded price stands at Rs 8,912.85.
Despite its active trading, Bajaj Finance has underperformed relative to its sector, showing a 1D return of -0.99%, while the sector itself posted a modest gain of 0.55%. The stock is currently trading close to its 52-week high, just 3.65% away from Rs 9,260.05. Notably, it is performing well against its moving averages, trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day averages.

Investor participation has seen a significant uptick, with delivery volume on March 27 rising by 72.87% compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of up to Rs 32.96 crore based on 2% of the 5-day average traded value. Overall, Bajaj Finance continues to demonstrate notable activity in the market, reflecting its strong market position within the large-cap segment.