Yes Bank Ltd. Sees 12.4 Million Shares Traded, Among Most Active Stocks Today

Yes Bank Ltd., a prominent player in the private sector banking industry, has emerged as one of the most active equities today, with a total traded volume of 12,438,097 shares and a total traded value of approximately Rs 2,750.06 lakhs. The stock opened at Rs 22.05, reaching a day high of Rs 22.20 and a day low of Rs 22.01, before settling at a last traded price of Rs 22.14.
Despite this activity, Yes Bank's performance today has shown a slight underperformance compared to its sector, with a decline of 0.05% against a sector return of -0.23%. Notably, the bank is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its short to medium-term performance metrics.

However, investor participation appears to be waning, as evidenced by a delivery volume of 4.75 crore shares on October 8, which reflects a decrease of 27.41% compared to the 5-day average delivery volume. The liquidity of Yes Bank remains adequate, with the stock being liquid enough for a trade size of Rs 5.05 crore, based on 2% of the 5-day average traded value.

In summary, while Yes Bank has shown significant trading activity today, it has underperformed relative to its sector, with notable shifts in investor participation and liquidity metrics.