Shriram Finance Ltd. Share Price

Shriram Finance rises 16.76% weekly after nine red weeks

Shriram Finance closed the week ended 6 November 2026 at ₹961.15, up 16.76%, with ₹990 as the next resistance level to watch. Shriram Finance Limited [ SHRIRAMFIN ] closed the week ended 6 November 2026 at ₹961.15, up 16.76% or ₹138. It was the first green weekly close after nine straight red weeks. The rally came as the Nifty rose for seven straight sessions, gaining about 10.27% from the 28 October close of 22,698.85 to 25,030.35 on 6 November. The stock’s weekly gain was far above the index’s 8.58%. Before this, the stock fell to an 11-month low on 26 October after the company cut its FY27 AUM growth guidance to 15-17% from 18% and flagged higher credit costs. Price then slipped below ₹860, an earlier support zone, but the week closed back above it. Weekly RSI is at 48.58, close to the neutral 50 mark. Momentum has turned positive, while the broader trend remains sideways. What next: ₹990 is the near-term resistance, and a weekly close above it may improve the trend picture. On the downside, ₹810 is the support to watch, and a weekly close below it may weaken the setup. Conclusion: The bounce is sharp, but a sideways trend may need a move above ₹990 to confirm a change. Disclaimer: I do not hold any position in the stock discussed. This content is informational, not a recommendation. Investments in securities are subject to market risks. Read all related documents carefully before investing.

Nifty Outlook for 06-Nov-2026 looks Bullish

The Daily MACD Histogram is above zero and the Hourly MACD Histogram is also above zero indicating a bullish trend. The Daily RSI 14 is in the overbought territory above the 70 levels at 74.69 and the Hourly RSI 14 is also in the overbought territory above the 70 levels at 86.01 also indicates a bullish trend. But as it is in the overbought zone in both daily and hourly RSI 14. We may see a consolidation or a correction. Thus, the overall trend of Nifty looks bullish, and the buyers are in control over the markets. Buy on dips would be the best strategy to deploy for today’s market considering the overall trend of Nifty. We may expect a change in trend only if the price sustains below the support level. Can Initiate selling only if prices continue to sustain below the support level. I have provided Nifty Spot resistance and support levels which would help you learn in taking informed trading decisions using these levels and understand how support and resistance levels work in financial markets. Nifty Spot Resistance 1 - 24705 Resistance 2 - 24745 Support 1 - 24385 Support 2 - 24350 Happy Learning, Happy Trading and have a wonderful day Top Gainers : BAJFINANCE, SHRIRAMFIN, M&M. Top Losers : APOLLOHOSP, ONGC, NTPC. BAJFINANCE

Indian Stock Market Rally: Sensex Jumps Over 1,700 Points

Indian Stock Market Rally: Sensex Jumps Over 1,700 Points, Nifty Crosses 24,4050; SHRIRAMFIN , BSE and Bajaj Finance Lead Gains Indian equity markets witnessed a strong rally on Thursday, November 5, with benchmark indices posting significant gains amid widespread buying across major sectors. KEY MARKET HIGHLIGHTS 🔹 Sensex: Advanced 1700 points to reach 79050. 🔹 Nifty 50: Climbed 5000 points ( to settle at 24,450 🔹 Market Breadth: Buying remained dominant, with 2,916 stocks advancing, 961 declining and 153 ending unchanged. SECTORAL PERFORMANCE 🔹 Top Performing Sectors: Auto stocks led the rally, with the Nifty Auto index gaining 3%. IT, Nifty Bank, Private Bank and PSU Bank indices advanced around 2% each. 🔹 Broader Markets: Nifty Midcap index rose 1.6%, while the Smallcap index added 0.9%. 🔹 Underperforming Sectors: Media declined approximately 1%, while the Energy index slipped 0.4%. TOP GAINERS Shriram Finance, BSE and Bajaj Finance emerged among the leading gainers, supported by strong buying interest across the market. Overall, broad-based participation and strong sectoral momentum lifted market sentiment, pushing the Nifty above the 24,450 mark and the Sensex higher by more than 1,700 points. Disclaimer: Investment in securities markets is subject to market risks. Read all related documents carefully before investing.

Shriram Finance is showing a potential bullish reversal

SHRIRAMFIN Shriram Finance is showing a potential bullish reversal after a sharp decline on the daily chart. The stock recently found buying interest near the ₹820–840 support zone, where sellers failed to maintain downward momentum and buyers pushed the price higher, resulting in a strong bullish recovery candle. This indicates that demand may be emerging at lower levels and short-term selling pressure could be easing. However, the broader trend remains weak, and confirmation through sustained price action above ₹900–920 with strong volume would be important to strengthen the bullish reversal setup. The ₹820–840 zone remains a crucial support area to watch. chart is attached for educational purpose here.

Nifty Outlook for 02-Nov-2026 looks Bullish

The Nifty 50 closed the previous trading session on Friday, 30 October 2026, at 23,053.10, marking a gain of 0.51%. The index reclaimed the crucial 23,000 mark driven primarily by a narrow rally in IT and pharmaceutical sectors. The Daily MACD Histogram is above zero and the Hourly MACD Histogram is also above zero indicating a bullish trend. The Daily RSI 14 at 53.50 above the midline 50 levels indicate a bullish trend and the Hourly RSI 14 above the midline 50 levels at 62.60 also indicate a bullish trend. Thus, the overall trend of Nifty looks bullish, and the buyers are in control over the markets. Buy on dips would be the best strategy to deploy for today’s market considering the overall trend of Nifty. We may expect a change in trend only if the price sustains below the support level. Can Initiate selling only if prices continue to sustain below the support level. I have provided Nifty Spot resistance and support levels which would help you learn in taking informed trading decisions using these levels and understand how support and resistance levels work in financial markets. Nifty Spot Resistance 1 - 23170 Resistance 2 - 23195 Support 1 - 22875 Support 2 - 22830 Happy Learning, Happy Trading and have a wonderful day Top Gainers : TRENT, INDIGO, INFY. Top Losers : SHRIRAMFIN, NESTLEIND, M&M TRENT

Nifty Reclaims 23,000 Despite Broader Market Weakness

ndian equity markets ended higher today, October 30, 2026, extending gains for the second consecutive session. The Nifty 50 gained 116.35 points (0.51%) to close at 23,053.10, while the Sensex advanced 308.49 points (0.42%) to settle at 74,459.53. Top Gainer : Nifty 50: Trent surged 5.44%, closing at ₹3,017.30. Top Loser : Nifty 50: SHRIRAMFIN declined 2.13%, closing at ₹823.15. What drove the market? IT stocks led the recovery, with the Nifty IT index gaining over 2%. Trent rallied following strong quarterly results, while IndiGo and Infosys also supported the benchmarks. Pharma and healthcare stocks witnessed buying interest. However, broader markets remained under pressure, with the Nifty Midcap 100 falling 0.93% and the Smallcap 100 declining 1.85%.