Punjab National Bank Displays Active Trading Amid Declining Investor Participation

Punjab National Bank (PNB) has emerged as one of the most active equities today, with a total traded volume of 41,159,907 shares and a total traded value of approximately Rs 45.41 crore. The stock opened at Rs 109.39 and reached a day high of Rs 111.80, while the day low was recorded at Rs 108.30. As of the latest update, the last traded price stands at Rs 110.32.
In terms of performance, PNB has outperformed its sector by 0.73%, reflecting a 1D return of 0.83%, compared to the sector's return of 0.07% and the Sensex's return of 0.95%. Notably, PNB is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price movement.

However, there has been a decline in investor participation, with delivery volume on June 5 falling by 60.92% against the 5-day average. Despite this, the stock remains liquid enough for a trade size of Rs 10.3 crore, based on 2% of the 5-day average traded value.

Overall, Punjab National Bank's performance today highlights its active trading status and solid market position within the public sector banking industry.