IndusInd Bank Sees Surge in Trading Volume Amid Market Dynamics Shift
IndusInd Bank Ltd. has seen significant trading activity today, with over 9 million shares exchanged and a market capitalization of Rs 53,334 crore. Despite a slight decline in its last traded price, the bank has outperformed its sector and experienced a notable increase in delivery volume, indicating heightened investor interest.
IndusInd Bank Ltd. has emerged as one of the most active equities today, with a total traded volume of 9,177,714 shares and a total traded value of approximately Rs 636.02 crore. The stock opened at Rs 690.0 and reached an intraday high of Rs 706.9, reflecting a 3.24% increase at its peak. However, it has shown a slight decline, with the last traded price at Rs 680.4, marking a minimal 0.01% decrease for the day.Despite this dip, IndusInd Bank has outperformed its sector by 0.85%. The bank's performance is noteworthy as it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential shift in market dynamics. Additionally, the delivery volume surged to 1.51 crore on March 12, representing a significant 76.56% increase compared to the 5-day average delivery volume, suggesting rising investor participation.
With a market capitalization of Rs 53,334 crore, IndusInd Bank continues to maintain a strong position within the private banking sector. Overall, the stock's activity today reflects a complex interplay of market factors, with notable trading volume and liquidity.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
