Bajaj Finance shares jump 3% after a four-day slide, experts see more upside | Target price, stop-loss
AI Summary
Bajaj Finance's recent fundraising announcement and subsequent price rally highlight the stock's potential for further growth, making it an attractive option for both existing and new investors. With strong technical support and bullish sentiment from analysts, investors should consider the stock's ability to break through key resistance levels, which could signal a significant upward trend. This scenario is particularly relevant in the context of the broader Indian financial services sector, which has been experiencing volatility but remains a focal point for growth amid economic recovery.
Stocks to buy today: Bajaj Finance shares saw buying interest after a four-session gap. Bajaj Finance share price today opened higher at ₹962.55 apiece on the NSE and touched an intraday high of ₹995.80 per share, clocking around 3% against Thursday's close of ₹948.30. However, stock market experts are still bullish on the stock and expect it to continue its uptrend.
Experts believe that Bajaj Finance has declared raising funds worth ₹17,500 crore ( ₹11,700 crore through the QIP and ₹5,800 crore through a preferential issue of warrants to the promoter and holding company, Bajaj Finserv). They advised Bajaj Finance shareholders to hold the scrip for further upside, as the stock is on the cusp of giving a fresh breakout on the technical chart also. So, Bajaj Finance shares are strong from both a fundamental and technical perspective.
Original Article
Published on Livemint
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This is a market news update from Livemint, published on 05 October 2026.
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