FSN E-Commerce Ventures Sees Surge in Trading Volume Amidst Declining Stock Performance

FSN E-Commerce Ventures Ltd, trading under the symbol NYKAA, has emerged as one of the most active equities by volume today, with a total traded volume of 59,581,827 shares and a total traded value of approximately Rs 121.03 crores. The stock opened at Rs 205.00 and reached a day high of Rs 205.50, while the day low was recorded at Rs 201.00. As of the latest update, the last traded price (LTP) stands at Rs 202.29.
Despite its active trading, the stock has underperformed the sector by 1.11% today, reflecting a 1D return of -0.84%. Over the past two days, NYKAA has experienced a consecutive decline, with returns falling by 5.08%. Notably, the stock's performance is currently above the 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average.

Investor participation has notably increased, with a delivery volume of 8.46 crore shares on July 3, marking a significant rise of 1703.21% compared to the 5-day average delivery volume. The stock remains liquid, with a trade size of Rs 13.61 crores based on 2% of the 5-day average traded value. Overall, FSN E-Commerce Ventures Ltd continues to show significant trading activity amidst a challenging performance landscape.