Reliance Industries Ltd Trades 3.94 Million Shares, Ranking Among Today's Most Active Equities

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 3,938,611 shares and a total traded value of approximately Rs 58.68 crore. The stock opened at Rs 1,486.0 and reached a day high of Rs 1,495.0, while the day low was recorded at Rs 1,479.3. As of the latest update, the last traded price stands at Rs 1,488.2.
Despite today's activity, Reliance Industries has underperformed its sector by 0.54%. However, it is noteworthy that the stock has gained after two consecutive days of decline. Currently, Reliance is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its short to long-term performance.

Investor participation has seen a decline, with delivery volume on October 31 dropping by 25.07% compared to the 5-day average. Nevertheless, the stock remains liquid enough for a trade size of Rs 38.85 crore, based on 2% of the 5-day average traded value. Reliance Industries is currently 4.27% away from its 52-week high of Rs 1,551. Overall, the stock's performance today reflects a mix of activity and challenges within the market context.