Shares of Bajaj Finance hit their record high amid correction in the broader market today. The NBFC stock, in which FII stake stands at a 11-quarter high of 19.3, rose to a peak of Rs 1035.95 against the previous close of Rs 1025.65 on BSE. Market cap of Bajaj Finance slipped to Rs 6.40 lakh crore. Total 3.52 lakh shares of the firm changed hands amounting to a turnover of Rs 36.26 crore on Wednesday. Advertisement
The stock has gained 48.35% this year. On the other hand, its parent index Sensex has risen 4% in 2025.
The stock is overbought on charts with a RSI of 74.8. A level below 30 is defined as oversold while a value above 70 is considered overbought.
The stock is trading higher than the 5 day, 10 day, 20 day, 30 day, 50 day, 100 day, 150 day and 200 day moving averages.
Bajaj