Equitas Small Finance Bank's Stock Price Declines by -5.34% Amidst Market Volatility.

Equitas Small Finance Bank, a midcap private bank, has experienced a decline in its stock price by -5.34% on November 11, 2024. This has led to a 'Sell' call by MarketsMOJO. The stock opened with a loss of -4.25% and touched an intraday low of Rs 64.95, hitting a new 52-week low. It has also underperformed the sector by -5.23% today. The stock has been on a downward trend for the last 3 days, with a fall of -7.89% in this period. Equitas Small Finance Bank is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In comparison to the Sensex performance, Equitas Small Finance Bank has shown a decline of -4.88% in the last 1 day and -10.35% in the last 1 month, while the Sensex has only seen a slight increase of 0.11% and a decline of -2.22%, respectively. Investors and experts are advised to closely monitor the performance of Equitas Small Finance Bank in the coming days. This decline in stock price may be a cause for concern, but it is important to note that this is a midcap private bank and its performance may not reflect the overall health of the banking industry.