Live Updates: Bajaj Finance Share Price Today Drops in Trading

Bajaj Finance share price on the National Stock Exchange (NSE) is currently trading at ₹6865.8, down by -0.97% from yesterday’s closing price of ₹6932.8. The stock is fluctuating between key support and resistance levels of ₹6765.97 and ₹7259.02 on a daily timeframe. If the price breaks below the support level of ₹6765.97, it may indicate a further bearish movement. Conversely, crossing the resistance level of ₹7259.02 could lead to a bullish trend.

In terms of technical analysis, both short-term and long-term trends for Bajaj Finance are bearish. The Simple Moving Average for different time periods shows a downward trend in the stock price. Additionally, the volume traded in the stock until 2 PM is significantly lower by 81.83% compared to the previous day, while the price has decreased by 0.98%. This combination of low volume and price decline suggests a potential continuation of the downward trend.

Analysts’ consensus rating for Bajaj Finance is currently “Buy,” with a median price target of ₹8705.0, indicating a 26.56% upside potential from the current market price. The lowest target price estimate is ₹6118.0, while the highest is ₹10105.0. These target prices are projected for the next 1 year, reflecting positive sentiment among analysts towards the stock.