Bajaj Housing Finance Ltd (NSE: BAJAJHFL) has been in a prolonged downtrend but shows signs of stabilization near the ₹110.65 mark. The stock has seen a steep decline from its highs, weighed down by broader market weakness and sector-specific concerns. As investors evaluate potential recovery, key resistance and support levels will determine the next move.
Bajaj Housing Finance Ltd has been under pressure due to concerns over interest rate policies and liquidity tightening in the financial sector. However, recent corporate developments and a steadying broader market have provided some relief. Investors are watching for potential announcements regarding loan growth, interest rate adjustments, and regulatory decisions that could impact stock performance.
While the stock remains in a broader downtrend, signs of short-term stabilization above ₹110.00 could attract fresh buying interest. A breakout above ₹128.40 could lead to bullish sentiment, but failure to hold support at ₹110.00 may trigger further declines toward ₹100.00. Traders and investors should stay cautious while monitoring macroeconomic trends and company-specific updates.