Equitas Small Finance Bank Shows Resilience Amid Broader Market Decline

Equitas Small Finance Bank has shown significant activity today, gaining 5.01% as of June 2, 2025. This performance marks a notable outperformance against the broader market, as the Sensex is currently down 0.09%. Over the past two days, Equitas has recorded a total return of 5.11%, indicating a positive trend in its short-term performance.
The stock reached an intraday high of Rs 67.16, reflecting a 5.51% increase during the trading session. In terms of moving averages, Equitas is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average, suggesting mixed signals in its longer-term trend.

In the context of the overall market, the BSE Mid Cap index is leading with a gain of 0.58%, while the Sensex has experienced a decline of 1.16% over the past three weeks. Despite a challenging year, where Equitas has seen a decline of 27.70%, its performance over the last three years stands at an impressive 62.63%, outperforming the Sensex's 45.78% in the same period.