CDSL Sees High Trading Volume Amid Sector Underperformance and Declining Investor Participation

Central Depository Services (India) Ltd (CDSL) has emerged as one of the most active equities today, with a total traded volume of 1,660,841 shares and a total traded value of approximately Rs 295.54 lakhs. The stock opened at Rs 1,805.00 and reached a day high of Rs 1,805.00, while the day low was recorded at Rs 1,764.00. As of the latest update, the last traded price (LTP) stands at Rs 1,783.40.
Despite its active trading, CDSL has underperformed its sector by 1.79%, with a 1-day return of -1.48%. In comparison, the sector's 1-day return was 0.61%, and the Sensex recorded a modest return of 0.03%. Notably, CDSL is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the longer-term performance metrics.

However, investor participation appears to be declining, with delivery volume on July 3 falling by 12.41% against the 5-day average. The stock remains liquid enough for a trade size of Rs 14.11 crore, based on 2% of the 5-day average traded value. Overall, CDSL's performance today reflects a complex interplay of active trading and sector underperformance.