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BankingFinancial ServicesMedium impactAfter close

UBS upgrades Bajaj Finance to Neutral with ₹1,100 target

after close1 source ↓written by the desknot a recommendation

target price
₹1,100
from the last
9%
last close
₹1,008.90

UBS has upgraded Bajaj Finance to Neutral from Sell with a target price of ₹1,100, reflecting an implied upside of 9% from the last close of ₹1,008.90. The firm anticipates earnings upgrades due to a strong unsecured credit growth cycle, particularly in personal loans, supported by healthy asset quality and abundant liquidity.

This upgrade highlights Bajaj Finance's position as a leader in personal loans, suggesting potential for yield-accretive growth and improved earnings as market conditions become more favorable.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 23 Sept 2026, 16:11 IST.

Sourcesnews.google.com

The market after the news

BAJFINANCE closed −5.9% on the day of the news, from ₹1,043.20 to ₹982.00; Nifty −1.6% over the same session; futures OI +3.5%.

Bulletin at 16:11 IST on 23 Sept 2026. Every change is measured from ₹1,043.20, the last close before it, on 23 Sept. Nifty 50 is measured over the same sessions.

  • BAJFINANCE close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
BAJFINANCE closes around the bulletin against the close before the news, with Nifty 50 rebased to it923.8610431163axis spans 26%before the news · 23 Sept1043Nifty 50BAJFINANCEbulletinD0+1+3+517 Sept24 Sept1 OctFutures open interest, lotspeak 99,000Reference close ₹1,043.20. 11 sessions from 17 Sept to 1 Oct; the price axis spans 26 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before23 Sept₹1,043.20basebase
On the day24 Sept₹982.00▼ −5.9%▼ −1.6%−4.2 pp difference
+1 session25 Sept₹996.90▼ −4.4%▼ −1.3%−3.1 pp difference
+3 sessions29 Sept₹973.80▼ −6.7%▼ −3.1%−3.5 pp difference
+5 sessions1 Oct₹948.30▼ −9.1%▼ −4.4%−4.7 pp difference
Gap at the open, % · ₹
▼ −3.7%−38.18 on 24 Sept
Day's range, % · ₹
3.9%≈ 41 high to low
Volume on the day
2.44×the 20-session average
Futures OI on the day
▲ +3.5%+3,300 lots · short build-up · price −5.9%
Futures OI open, lots
99,00024 Sept · 29 Sept expiry
Futures premium, ₹
−0.200.0% to spot
Puts per call, by OI
0.50from 0.58 the session before
Max pain
1,020from 1,050 the session before

Source NSE UDiFF bhavcopy · BAJFINANCE on the desk →

Thread · BAJFINANCEAll BAJFINANCE bulletins →

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