Axis Bank Ltd. Hits Rs 22,906.29 Lakhs in Total Traded Value Today
Axis Bank Ltd. experienced notable trading activity, with a volume of 1,916,620 shares and a total traded value of approximately Rs 22,906.29 lakhs. The stock has shown consistent gains over three days and is currently trading above key moving averages, indicating strong market performance and investor interest.
Axis Bank Ltd., a prominent player in the private sector banking industry, has shown significant trading activity today. The stock, trading under the symbol AXISBANK, recorded a total traded volume of 1,916,620 shares, with a total traded value of approximately Rs 22,906.29 lakhs. The stock opened at Rs 1,185.0 and reached an intraday high of Rs 1,206.7, reflecting a 2.18% increase during the trading session. As of the latest update, the last traded price stands at Rs 1,195.6.Notably, Axis Bank is currently positioned just 4.48% away from its 52-week high of Rs 1,247. The stock has outperformed its sector by 0.45% today and has been on a positive trajectory, gaining for three consecutive days with a total return of 5.47% over this period. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance trend.
Investor participation has also seen a rise, with delivery volume on October 3 reaching 76.96 lakhs, up by 27.67% compared to the 5-day average. The liquidity of the stock remains robust, accommodating trade sizes of Rs 18.13 crore based on 2% of the 5-day average traded value. Overall, Axis Bank's performance today reflects a solid standing in the market, underscoring its active role in the banking sector.
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