Axis Bank has emerged as one of the most active stock calls today amid notable market engagement.

Axis Bank Ltd., a prominent player in the private banking sector, has emerged as one of the most active stocks today, reflecting significant market engagement. The stock, trading under the ticker AXISBANK, has shown notable performance metrics, outperforming its sector by 2.24%. Over the past two days, Axis Bank has recorded a consecutive gain of 3.54%, indicating a positive trend.
Today, the stock reached an intraday high of Rs 1039.5, marking a 2.47% increase. The underlying value stands at Rs 1037.0, with a substantial number of call options traded—10,013 contracts—at a strike price of Rs 1040, leading to a premium turnover of approximately Rs 66.5 million. Open interest for these options is reported at 3,000 contracts, suggesting ongoing interest in this strike price.

Despite the positive performance, there has been a decline in investor participation, with delivery volume dropping by 36.79% compared to the five-day average. The stock remains liquid, with a trade size of Rs 17.4 crore based on 2% of the five-day average traded value. Overall, Axis Bank's current activity highlights its robust market position within the large-cap banking sector.