Read more about Bajaj Finance Ltd extends winning streak on Business Standard. Bajaj Finance Ltd is quoting at Rs 5981.7, up 1.36% on the day as on 12:49 IST on the NSE. The stock is up 150.24% in last one year as compared to a 54.77% gain in NIFTY and a 62.46% gain in the Nifty Financial Services.
Read more about Bank of India climbs on posting Q4 PAT at Rs Rs 250 cr on Business Standard. Bank of India rose 2.62% to Rs 82.30 after the public sector bank reported a net profit of Rs 250.19 crore in Q4 FY21 as against a net loss of Rs 3,571.41 crore in Q4 FY20.
Bajaj Finance gained 0.39% to Rs 5,924.70, extending its winning run to fifth consecutive trading session.Shares of Bajaj Finance have rallied 5.63% in five trading days from its previous closing low of Rs 5,609.55 on 28 May 2021. The counter hit a record high of Rs 5,958.40 in intraday today. The stock has soared 169% from its 52-week low of Rs 2199 hit on 12 June 2020.
On the technical front, the stock s RSI (relative strength index) stood at 68.343. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.
The stock is trading above its 50 and 100 days simple moving average placed at 5285.90 and 5285.85 respectively. These levels will act as crucial support zones in near term.
Read more about Bajaj Global reports standalone net profit of Rs 0.84 crore in the March 2021 quarter on Business Standard. Sales decline 63.64% to Rs 0.08 crore
Read more about Paisalo Digital reports consolidated net profit of Rs 2.02 crore in the March 2021 quarter on Business Standard. Sales rise 2.63% to Rs 93.19 crore