Reliance Industries Sees High Trading Volume Amid Declining Investor Participation

Reliance Industries Ltd, a prominent player in the Oil Exploration and Refineries sector, has emerged as one of the most active equities today, with a total traded volume of 14,141,643 shares and a total traded value of approximately Rs 199.62 lakhs. The stock opened at Rs 1,404.1 and reached a day high of Rs 1,420.8, while the day low was recorded at Rs 1,398.1. As of the latest update, the last traded price stands at Rs 1,404.8, reflecting a 1.27% decline for the day.
In terms of moving averages, Reliance Industries is performing higher than its 20-day, 50-day, 100-day, and 200-day moving averages, although it is currently lower than its 5-day moving average. Notably, the delivery volume of 1.03 crore shares on May 8 has decreased by 21.25% compared to the 5-day average, indicating a decline in investor participation. The stock remains liquid, with a trading capacity sufficient for a trade size of Rs 12.98 crore, based on 2% of the 5-day average traded value.

Overall, Reliance Industries continues to show significant activity in the market, with performance metrics aligning closely with sector trends.