Niva Bupa Health Insurance Shows Strong Trading Activity and Positive Market Momentum

Niva Bupa Health Insurance Company Ltd, a small-cap player in the insurance industry, has emerged as one of the most active equities by volume today. The stock, trading under the symbol NIVABUPA, recorded a total traded volume of 10,592,286 shares, with a total traded value of approximately Rs 93.71 crores.
Opening at Rs 90.00, Niva Bupa reached a day's high of Rs 91.20, reflecting an intraday increase of 8.79%. The stock's performance today has outpaced its sector by 2.94%, contributing to a consecutive gain over the last four days, during which it has appreciated by 7.24%. The last traded price stands at Rs 87.49, following a previous close of Rs 83.83.

Notably, the stock has shown resilience, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has seen a rise, with delivery volume on September 3 increasing by 55.41% compared to the 5-day average. With a market capitalization of Rs 16,022.62 crores, Niva Bupa continues to demonstrate significant liquidity, making it a noteworthy entity in the insurance sector. Overall, the stock's performance reflects a robust activity level and positive momentum in the market.