Axis Bank Ltd. Trades 1,888,358 Shares Today, Total Value Hits Rs 222.97 Crores
Axis Bank Ltd. has emerged as a highly active stock today, with a traded volume of nearly 1.9 million shares and a value of around Rs 222.97 crores. The stock has shown a positive trend, outperforming its sector and the Sensex, while maintaining strong performance above key moving averages.
Axis Bank Ltd., a prominent player in the private sector banking industry, has shown significant activity today, making it one of the most active equities by value. The stock, trading under the symbol AXISBANK, recorded a total traded volume of 1,888,358 shares, with a total traded value of approximately Rs 222.97 crores. The stock opened at Rs 1,171.0 and reached an intraday high of Rs 1,188.0, reflecting a 2.46% increase from the previous close of Rs 1,159.5. Currently, the last traded price stands at Rs 1,181.7, marking a 1.80% return for the day, which notably outperformed the sector's return of 0.05% and the Sensex's decline of 0.19%.
Axis Bank has been on a positive trajectory, gaining for the last two days with a total return of 4.49% during this period. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance trend. However, it is worth noting that investor participation has seen a slight decline, with delivery volume falling by 2.05% against the 5-day average.
Overall, Axis Bank's performance today highlights its robust market position within the large-cap segment of the banking industry.
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