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Momentumisers: Here’s why Bajaj Finance is in focus

Updated : December 17, 2020 09:24:15 IST

Bajaj Finance market capitalisation has crossed the Rs 3 lakh crore mark. The year-to-date (YTD) movement is up 21.5 percent as compared to Nifty’s movement of 12.5 percent while the Bank Nifty has given a negative return of 4.5 percent during the period.

The volume data too has picked up. The volume has gone up from Rs 140 crore to Rs 300 crore. The stock is currently above its 20-day moving average (DMA), but below its 52-week high.

In the special segment ‘Momentumisers’, CNBC-TV18’s Abhishek Kothari gets details on why Bajaj Finance has picked up momentum.

Watch the video for more
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