Union Bank of India Hits Intraday High with 3.06% Surge on 5 Jan 2026

Intraday Performance and Price Action

On the trading session of 5 Jan 2026, Union Bank of India demonstrated notable strength by touching an intraday peak of Rs 162.2, representing a 3.44% increase from its previous close. The stock closed with a day change of 3.06%, significantly outperforming the Sensex, which declined marginally by 0.05% during the same period. This marks the second consecutive day of gains for the bank, with a cumulative return of 5.34% over these two sessions.

The stock’s upward trajectory was supported by its position above key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained bullish technical momentum. The current price level also offers a dividend yield of 3%, adding to the stock’s appeal from an income perspective.

Sector and Market Context

Union Bank of India operates within the public sector banking industry, a segment that has seen mixed performance in recent months. Despite the broader market’s cautious tone, the bank’s shares have outpaced sector peers, outperforming the public sector bank sector by 2.5% on the day. The Sensex opened lower at 85,640.05 points, down 121.96 points (-0.14%), but managed to recover slightly to trade near 85,715.44 points (-0.05%), remaining within 0.52% of its 52-week high of 86,159.02.

Mid-cap stocks led the market gains, with the BSE Mid Cap index rising by 0.06%, indicating selective buying interest in stocks outside the large-cap space. Union Bank’s strong performance contrasts with the broader market’s subdued movement, highlighting its relative strength.

Recent Performance Trends

Union Bank of India’s recent performance metrics underscore its strong market showing. Over the past week, the stock has gained 8.45%, substantially outpacing the Sensex’s 1.21% rise. The one-month return stands at 5.45%, compared with a near-flat 0.01% for the benchmark index. Over three months, the bank’s shares have surged 17.47%, well above the Sensex’s 5.55% gain.

Longer-term returns also highlight the stock’s resilience and growth trajectory. Over one year, Union Bank has delivered a 30.35% return, significantly outperforming the Sensex’s 8.20%. The year-to-date performance is 5.14%, compared to the Sensex’s 0.58%. Over three and five years, the stock has recorded gains of 100.62% and 404.52% respectively, dwarfing the Sensex’s 42.03% and 76.97% returns over the same periods.

However, the 10-year performance shows a more modest 13.51% increase, trailing the Sensex’s 235.09% gain, reflecting the bank’s more recent acceleration in growth.

Mojo Score and Rating Update

According to MarketsMOJO’s proprietary scoring system, Union Bank of India holds a Mojo Score of 64.0, categorised under a Hold grade. This represents a downgrade from its previous Buy rating, which was revised on 28 Oct 2025. The Market Cap Grade assigned to the stock is 1, indicating a smaller market capitalisation relative to peers. These metrics provide a snapshot of the stock’s current standing within the MarketsMOJO framework.

Trading Volumes and Market Sentiment

Trading volumes for Union Bank of India on 5 Jan 2026 reflected heightened activity, consistent with the stock’s price appreciation. The sustained buying interest throughout the session contributed to the stock’s ability to breach its previous 52-week high and maintain gains above key moving averages. This intraday strength was observed despite the broader market’s cautious stance, with the Sensex opening lower and mid-cap indices showing only modest gains.

The stock’s performance today also aligns with the broader trend of public sector banks exhibiting selective strength, supported by improving fundamentals and favourable market conditions. The dividend yield of 3% at the current price level adds an income dimension that may appeal to yield-conscious investors.

Summary of Key Metrics

Union Bank of India’s key trading and performance metrics as of 5 Jan 2026 are as follows:

• Intraday High: Rs 162.2 (3.44% gain)


• Day Change: +3.06%


• Consecutive Gains: 2 days, 5.34% cumulative return


• Mojo Score: 64.0 (Hold grade)


• Market Cap Grade: 1


• Dividend Yield: 3%


• Outperformance vs Sector: +2.5%


• Outperformance vs Sensex (1 day): +3.17%

These figures illustrate the stock’s strong intraday momentum and relative outperformance within its sector and the broader market.

Conclusion

Union Bank of India’s surge to a new 52-week high of Rs 162.2 on 5 Jan 2026 underscores its strong intraday performance amid a mixed market backdrop. The stock’s ability to outperform the Sensex and its sector peers, coupled with positive technical indicators and a healthy dividend yield, highlights its current market strength. While the broader indices showed limited movement, Union Bank’s shares demonstrated resilience and buying interest, contributing to its notable price appreciation during the session.

Only Rs. 9,999 - Get MojoOne + Stock of the Week for 1 Year (MRP = Rs. 34,999) Start Today