Ujjivan Small Finance Bank (USFB) Shows Positive Trend, Gains 5.14% in Stock Market

Ujjivan Small Finance Bank (USFB) has shown a positive trend in the stock market, gaining 5.14% on June 5th, 2024. The stock has been given a 'Hold' call by MarketsMOJO, indicating a neutral stance on the company's performance.

In terms of price, USFB has outperformed the sector by 3.08% today. The stock opened with a gain of 3.27% and touched an intraday high of Rs 47.79, a 5.45% increase from its previous close. However, it also touched an intraday low of Rs 44.3, a decrease of 2.25%.

USFB is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in the stock's performance. The private banks sector, on the other hand, has gained 2.35%.

In comparison to the Sensex, USFB has performed better with a 1-day performance of 4.83% compared to Sensex's 2.27%. However, over the past month, USFB has shown a negative performance of -12.94% while the Sensex has only decreased by -0.22%.

Overall, USFB's performance in the stock market has been mixed, with a positive trend on the day of June 5th but a negative trend over the past month. Investors should keep an eye on the company's performance and the sector's performance before making any investment decisions.