Adani Enterprises among 4 Nifty 50 stocks showing bullish RSI upswing
Adani Enterprises reported results with November 4 in focus.
· Economic Times Markets, ET Stocks
Four Nifty 50 stocks featured in the RSI Trending Up scan on November 4, indicating improving price momentum. Jio Financial Services, Mahindra & Mahindra, Bajaj Finserv and Adani Enterprises recorded RSI readings above 50.
Key facts
- Dates in focus
- November 4
The analysis
Against that, the stock is +1.0% on the day at ₹2,737.50, and has returned -11.2% over three months. It sits 15% below its 52-week high. The diversified sector has moved -18.2% over the same period, so Adani Enterprises is running 7.0 points ahead of its peers.
For Adani Enterprises, the question is how much of this is already reflected in the price and how much re-rates the diversified peer set alongside it.
Market context
- The 4 companies named span 3 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 4 of 4 are higher: Bajaj Finserv leads at +4.5% and Adani Enterprises trails at +1.0%.
- Over three months: Adani Enterprises -11.2% against Diversified -18.2% (7.0 points ahead); Jio Financial Services -16.1% against Financial Services -12.4% (3.7 points behind); Mahindra & Mahindra -13.7% against Auto -6.4% (7.3 points behind); Bajaj Finserv -16.6% against Financial Services -12.4% (4.2 points behind).
- At least 25% below the 52-week high: Jio Financial Services (27%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Adani EnterprisesADANIENT · Diversified | ₹2,737.50 | +1.0% | -3.8% | -11.2% | -14.8% | 0.6× | — |
| Jio Financial ServicesJIOFIN · Financial Services | ₹230.88 | +3.9% | +4.6% | -16.1% | -26.7% | 1.7× | — |
| Mahindra & MahindraM&M · Auto | ₹3,083.60 | +4.1% | +3.6% | -13.7% | -18.9% | 1.4× | — |
| Bajaj FinservBAJAJFINSV · Financial Services | ₹1,834.70 | +4.5% | +1.4% | -16.6% | -13.4% | 0.8× | — |
Diversified
1M -3.9% · 3M -18.2%
Adani Enterprises
Financial Services
1M -2.8% · 3M -12.4%
Jio Financial Services, Bajaj Finserv
Auto
1M +1.2% · 3M -6.4%
Mahindra & Mahindra
Prices as of 5 Nov 2026, 12:48 IST. Sector moves are the average of the stocks we track in each sector.
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