Punjab National Bank Sees 37.1 Million Shares Traded, Ranking Among Most Active Stocks Today
Punjab National Bank (PNB) has shown significant trading activity today, with over 37 million shares exchanged and a notable rise in investor participation. The stock reached a new 52-week high and is trading above key moving averages, indicating a strong market position within the public sector banking sector.
Punjab National Bank (PNB) has emerged as one of the most active equities today, with a total traded volume of 37,111,847 shares and a total traded value of approximately Rs. 44,786.58 lakhs. The stock opened at Rs. 120.08 and reached a day high of Rs. 121.5, while the day low was recorded at Rs. 119.2. As of the latest update, the last traded price stands at Rs. 121.2.Notably, PNB achieved a new 52-week high of Rs. 121.8 today, reflecting its strong performance in the market. The bank has outperformed its sector by 0.55%, indicating robust relative strength. Furthermore, PNB is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price movement.
Investor participation has also seen a significant rise, with a delivery volume of 1.95 crore shares on October 28, marking an increase of 81.78% compared to the 5-day average delivery volume. The stock's liquidity remains favorable, with a trade size of Rs. 5.28 crore based on 2% of the 5-day average traded value.
In summary, Punjab National Bank's performance today highlights its active trading status and strong market position within the public sector banking industry.
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