Bajaj Finance Stock Gains 2% Despite Market Weakness, Reclaims 200-DMA
Bajaj Finance shares gained over 2% on Monday, January 19, reaching an intraday high of ₹971.85 despite broader market selloff. The stock opened flat at ₹950.50 and climbed steadily, reclaiming its 200-day moving average during the session. This outperformance against market weakness demonstrates the stock's relative strength and selective investor interest.

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Bajaj Finance shares bucked the broader market trend on Monday, January 19, gaining over 2% despite widespread selling pressure across Indian equity markets. The stock demonstrated notable resilience, climbing steadily through the trading session.
Stock Performance Details
The financial services stock opened flat at ₹950.50 on NSE and gained momentum during the day. The upward trajectory helped the stock touch an intraday high of ₹971.85, representing a gain of more than 2% from the opening price.
| Trading Parameter: | Value |
|---|---|
| Opening Price: | ₹950.50 |
| Intraday High: | ₹971.85 |
| Gain: | 2%+ |
| Exchange: | NSE |
Technical Milestone
A significant development during Monday's trading was the stock's ability to reclaim its 200-day moving average (200-DMA). This technical indicator is closely monitored by market participants as it often signals potential trend changes and provides support or resistance levels for stock prices.
Market Context
The positive performance of Bajaj Finance shares stood out against the backdrop of broader market weakness. While most sectors and stocks faced selling pressure during the session, the financial services company managed to maintain an uptrend, highlighting its relative strength in challenging market conditions.
The stock's ability to gain ground while broader markets declined suggests selective buying interest and investor confidence in the company's fundamentals despite prevailing market sentiment.
Historical Stock Returns for Bajaj Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.02% | +1.03% | -2.90% | +5.17% | +33.54% | +105.40% |
















































