Angel One Experiences High Trading Volume Amid Notable Market Volatility

Angel One Ltd, a small-cap player in the capital markets industry, has emerged as one of the most active equities today, with a total traded volume of 1,864,735 shares and a total traded value of approximately Rs 48.45 crores. The stock opened at Rs 2,720.8, matching its previous close, but has since experienced significant volatility, reaching a day high of Rs 2,735.0 and a day low of Rs 2,538.4, reflecting an intraday volatility of 5.05%.
Despite the trading activity, Angel One has underperformed its sector by 5.66%, with a one-day return of -5.80%, while the sector and Sensex reported marginal gains of 0.21% and 0.19%, respectively. The stock has also seen a trend reversal, falling after five consecutive days of gains. Notably, the weighted average price indicates that more volume was traded closer to the day's low.

Investor participation appears to be on the rise, with delivery volume on August 20 increasing by 26.43% compared to the five-day average. With a market capitalization of Rs 24,554 crores, Angel One remains a liquid stock, suitable for trades around Rs 3.88 crores based on 2% of the five-day average traded value. Overall, Angel One's performance today highlights a mix of high trading activity and notable volatility within a challenging market context.