City Union Bank Ltd. Hits Intraday High with 8.12% Surge on 3 Feb 2026

Intraday Trading Highlights

On 3 Feb 2026, City Union Bank Ltd. opened with a notable gap up of 11.45%, setting a positive tone for the trading session. The stock exhibited high volatility throughout the day, with an intraday volatility of 5.44% based on the weighted average price, reflecting active trading interest and price movement. The share price touched its peak at Rs 319.95, representing a 13.26% increase from the previous close, before settling with a day change of 8.12%.

This strong intraday performance was accompanied by the stock trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained upward momentum across multiple timeframes.

Sector and Market Context

The private sector banking segment, in which City Union Bank operates, gained 2.52% on the day, indicating a positive sectoral environment. However, the bank’s stock outperformed the sector by 6.38%, underscoring its relative strength. In contrast, the Sensex index, despite opening 3,656.74 points higher, lost momentum and declined by 1,747.42 points, closing at 83,575.78, down 2.34% for the day. The Sensex remains 3.09% below its 52-week high of 86,159.02.

While the broader market faced pressure, City Union Bank’s share price demonstrated resilience and strength, highlighting its distinct trading dynamics compared to the overall market trend.

Performance Trends and Ratings

City Union Bank Ltd. holds a Mojo Score of 72.0 with a current Mojo Grade of Buy, upgraded from Hold on 21 Jan 2026. The stock’s market cap grade stands at 3, reflecting its mid-tier capitalisation within the private banking sector. This upgrade aligns with the recent strong price action and positive momentum observed in the stock.

Examining the performance over various time horizons, City Union Bank has consistently outperformed the Sensex. Its one-day gain of 8.58% contrasts with the Sensex’s 2.34% rise. Over one week, the stock gained 7.93% versus the Sensex’s 2.10%. The one-month performance shows a 6.22% increase for City Union Bank compared to a 2.55% decline in the Sensex.

Longer-term trends are even more pronounced, with the bank’s three-month return at 30.03% against the Sensex’s marginal -0.48%. Over one year, City Union Bank surged 77.83%, significantly outpacing the Sensex’s 8.28%. Year-to-date, the stock has gained 5.59% while the Sensex declined by 1.93%. The three-year and five-year returns stand at 94.45% and 68.13% respectively, both exceeding the Sensex’s 37.37% and 66.30%. Over a decade, the bank’s performance is remarkable at 356.26%, well above the Sensex’s 245.02%.

Trading Activity and Volatility

The stock’s high intraday volatility of 5.44% today indicates active participation from market participants, with price swings reflecting dynamic buying and selling pressures. The gap up opening of 11.45% suggests strong demand at the start of trading, which was sustained throughout the session despite broader market weakness.

City Union Bank’s ability to maintain levels above all major moving averages further supports the technical strength observed during the day. This alignment across short, medium, and long-term averages typically signals a robust trend and investor confidence in the stock’s current valuation range.

Market Position and Comparative Analysis

Within the private sector banking industry, City Union Bank’s performance today stands out as a clear leader. The sector’s 2.52% gain was overshadowed by the bank’s 8.12% rise, highlighting its relative strength amid a mixed market environment. This outperformance is notable given the broader Sensex’s decline of 2.34% on the same day.

The Sensex’s trading below its 50-day moving average, despite the 50DMA remaining above the 200DMA, indicates some near-term market caution. In contrast, City Union Bank’s price action above all key moving averages suggests a more positive technical outlook for the stock itself.

Additionally, mega-cap stocks led the market today, contributing to the Sensex’s overall 2.34% gain. City Union Bank’s mid-cap status with a market cap grade of 3 places it in a distinct category, where its strong performance may reflect company-specific factors rather than broad market trends.

Summary of Key Metrics

To summarise, City Union Bank Ltd. recorded the following key metrics on 3 Feb 2026:

• Intraday high: Rs 319.95 (new 52-week and all-time high)
• Day change: +8.12%
• Opening gap up: +11.45%
• Intraday volatility: 5.44%
• Outperformance vs sector: +6.38%
• Trading above 5, 20, 50, 100, and 200-day moving averages
• Mojo Score: 72.0 (Buy grade upgraded from Hold on 21 Jan 2026)

These figures collectively illustrate a day of strong buying interest and positive momentum for City Union Bank Ltd., distinguishing it from both its sector peers and the broader market indices.

Conclusion

City Union Bank Ltd.’s performance on 3 Feb 2026 was marked by a significant intraday surge to Rs 319.95, setting new highs and demonstrating resilience amid a volatile market backdrop. The stock’s ability to outperform its sector and the Sensex, coupled with its technical strength across multiple moving averages, underscores its robust trading dynamics during the session. This strong intraday showing reflects active market participation and a favourable price trend for the bank on the day.

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