Axis Bank Ltd. Achieves Rs 88,803.42 Lakhs in Total Traded Value Today
Axis Bank Ltd. has seen significant trading activity today, with over 7 million shares exchanged and a market capitalization of Rs 3,84,338.00 crore. The stock is near its 52-week high and is performing well against various moving averages, despite a decline in investor participation.
Axis Bank Ltd. has emerged as one of the most active equities today, with a total traded volume of 7,131,430 shares and a total traded value of approximately Rs 88,803.42 lakhs. The stock opened at Rs 1,249.0 and reached a day high of Rs 1,258.9, while the day low was recorded at Rs 1,236.6. As of the latest update, the last traded price (LTP) stands at Rs 1,246.0, reflecting a 0.42% return for the day, which is in line with the sector's performance, showing a 0.18% return.Notably, Axis Bank is currently trading close to its 52-week high, just 2.86% away from Rs 1,276.1. The stock has exhibited a narrow trading range of Rs 7.4 today. In terms of moving averages, it is performing higher than the 20-day, 50-day, 100-day, and 200-day averages, although it is lower than the 5-day moving average. However, there has been a decline in investor participation, with delivery volume dropping by 58.77% compared to the 5-day average.
With a market capitalization of Rs 3,84,338.00 crore, Axis Bank remains a significant player in the private sector banking industry. Overall, the stock's performance today reflects a stable position within the market, despite the noted decrease in delivery volume.
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