Punjab National Bank Shows Strong Trading Activity Amid Rising Investor Participation

Punjab National Bank (PNB) has emerged as one of the most active equities today, with a total traded volume of 10,273,046 shares and a total traded value of approximately Rs 10,409.68 lakhs. The stock opened at Rs 100.52, reaching a day high of Rs 102.13 and a day low of Rs 100.01, before settling at a last traded price of Rs 101.80.
In terms of performance, PNB has outperformed its sector by 0.85%, reflecting a strong showing compared to the broader market. The stock's one-day return stands at 1.15%, while the sector and Sensex recorded returns of 0.31% and 0.77%, respectively. Notably, PNB's delivery volume surged to 1.54 crore on May 20, marking a 73.8% increase against the five-day average delivery volume, indicating rising investor participation.

From a technical perspective, PNB's current price is higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. The stock's liquidity is also noteworthy, with a trade size of Rs 1.47 crore representing 2% of the five-day average traded value. Overall, Punjab National Bank's performance today highlights its active market presence and robust trading activity.