Yes Bank Ltd. Surges with 20.75 Million Shares Traded Today

Yes Bank Ltd. has emerged as one of the most active equities today, with a total traded volume of 20,754,407 shares and a total traded value of approximately Rs 48.57 crore. The stock opened at Rs 23.35 and reached a day high of Rs 23.47, closing at Rs 23.46. This performance places it just 3.93% away from its 52-week high of Rs 24.30.
In terms of market position, Yes Bank operates within the Private Sector Bank industry and holds a market capitalization of Rs 73,411.18 crore, categorizing it as a mid-cap stock. Notably, Yes Bank has outperformed its sector by 0.28% today, while the broader Sensex also recorded a 1D return of 0.34%.

Despite this positive performance, there has been a decline in investor participation, with delivery volume on October 14 falling by 20.93% compared to the five-day average. However, the stock remains liquid enough for trades, with liquidity based on 2% of the five-day average traded value sufficient for a trade size of Rs 11.58 crore. Overall, Yes Bank's performance today reflects a strong position in the market, supported by favorable moving averages across various time frames.