Union Bank of India Shows Strong Trading Activity and Outperforms Sector Trends

Union Bank of India has emerged as one of the most active stocks today, with a total traded volume of 9,760,320 shares and a total traded value of approximately Rs 130.45 crores. The stock opened at Rs 131.11 and reached an intraday high of Rs 134.70, reflecting a gain of 3.01% for the day. As of the latest update, the last traded price stands at Rs 134.41.
In terms of performance, Union Bank of India has outperformed its sector by 1.8%, marking a notable achievement. The stock has shown consistent upward momentum, gaining for the last four consecutive days and delivering a total return of 15.98% during this period. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong trend.

Investor participation has also increased, with a delivery volume of 1.18 crore shares on May 13, which is up by 51.38% compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of Rs 1.55 crores based on 2% of the 5-day average traded value. Overall, Union Bank of India is demonstrating solid performance metrics in the public banking sector.