Kotak Mahindra Bank Ranks Among Most Active Stocks with Rs 17,782.86 Lakhs in Trades

Kotak Mahindra Bank Ltd (KOTAKBANK) has emerged as one of the most active equities today, reflecting significant trading activity in the private sector banking industry. The stock recorded a total traded volume of 855,974 shares, with a total traded value of approximately Rs 17,782.86 lakhs. Opening at Rs 2,063.30, the stock reached a day high of Rs 2,089.00 and a day low of Rs 2,062.00, currently trading at Rs 2,088.30.
In terms of performance, Kotak Mahindra Bank has outperformed its sector by 0.81% today, with a 1.11% return for the day. The stock has shown a positive trend over the past three days, gaining 4.24% during this period. Notably, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum.

Investor participation has also increased, with a delivery volume of 45.94 lakhs on October 1, reflecting a 54.36% rise compared to the 5-day average delivery volume. The stock's liquidity remains robust, accommodating trade sizes of Rs 19.54 crore based on 2% of the 5-day average traded value. Overall, Kotak Mahindra Bank continues to demonstrate solid performance metrics in the current market environment.