Yes Bank Experiences High Trading Volume Amid Notable Stock Volatility

Yes Bank Ltd. has emerged as one of the most active equities today, with a total traded volume of 843,616,980 shares and a total traded value of approximately Rs 183,064.88 lakhs. The stock opened at Rs 22.93 and reached a day high of Rs 22.93, but it also experienced a significant decline, touching an intraday low of Rs 21.32, reflecting an 8.42% drop. The last traded price (LTP) stands at Rs 21.43, marking a 7.73% decrease for the day.
Despite this downturn, Yes Bank is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term positive trend. The stock has underperformed its sector by 7.56% today, while the sector and Sensex recorded minor declines of 0.27% and 0.23%, respectively. Notably, investor participation has surged, with delivery volume on June 2 rising by 323.91% compared to the 5-day average.

With a market capitalization of Rs 67,353.07 crore, Yes Bank remains a significant player in the private sector banking industry. Overall, the stock's performance today reflects notable volatility and increased trading activity.