Bajaj Auto share price was trading nearly 2 percent lower in early trades as overall market sentiment was negative.

KRChoksey Research has maintained an "Accumulate" rating for Bajaj Auto Ltd., raising its target price to Rs 9,900. This implies a 14.8% upside potential from the current market price of Rs 8,626.

Bajaj Auto share price decline by 9 percent in early trades as the company reported quarterly results that fell short of market expectations.

Indian Markets opened almost flat on Wednesday but have witnessed volatility. Markets are trading in a range and stock specific moves have been witnessed.

Automobile shares were in demand with Bajaj Auto, Hero MotoCorp, Tata Motors and Eicher Motors Share price gaining impressively in early trades.

Technical analyst Sudarshan Sukhani has suggested three BUY Calls and one SELL Call for today’s trading session.