Union Bank of India's Stock Declines -3.34% on June 5th, Reflecting Mixed Performance

Union Bank of India, one of the leading public banks in India, saw a decline of -3.34% in its stock price on June 5th, 2024. This underperformance was reflected in the stock's call by MarketsMOJO, which rated it as 'Hold'.

The stock's performance today was -1.33% lower than the sector's performance, indicating a slight lag in comparison. Additionally, the stock has been on a downward trend for the past two days, with a significant decline of -21.26% during this period.

In terms of intraday trading, the stock reached a high of Rs 143.85, showing a 3.38% increase, and a low of Rs 129.6, reflecting a -6.86% decrease. The stock also displayed high volatility, with an intraday volatility of 5.04%.

While the stock's moving averages are higher than the 200-day moving average, they are lower than the 5-day, 20-day, 50-day, and 100-day moving averages. This suggests a mixed trend in the stock's performance.

In the public banks sector, Union Bank of India's decline of -2.64% was in line with the overall trend.

Comparing the stock's performance to the Sensex, Union Bank of India's 1-day performance was -4.02%, while the Sensex's performance was 0.25%. Similarly, the stock's 1-month performance was -12.37%, while the Sensex's performance was -2.20%.

Overall, Union Bank of India's stock has shown a decline in recent days, with mixed performance in comparison to the sector and the Sensex. Investors may want to closely monitor the stock's performance in the coming days.