Reliance Industries Demonstrates Strong Trading Activity Amid Declining Investor Participation

Reliance Industries Ltd, a prominent player in the oil industry, has emerged as one of the most active equities today, with a total traded volume of 1,593,465 shares and a total traded value of approximately Rs 23,401.63 lakhs. The stock opened at Rs 1,465.00 and reached a day high of Rs 1,475.00, while the day low was recorded at Rs 1,462.70. As of the latest update, the last traded price stands at Rs 1,464.60.
In terms of performance, Reliance Industries is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong position relative to these benchmarks. However, there has been a notable decline in investor participation, with delivery volume on June 23 dropping by 61.63% compared to the 5-day average, totaling 344,000 shares. Despite this decrease, the stock remains liquid enough for a trade size of Rs 38.74 crore, based on 2% of the 5-day average traded value.

Overall, Reliance Industries continues to show resilience in its trading activity, maintaining a performance that aligns with sector trends while navigating fluctuations in investor engagement.