Yes Bank Sees Active Trading Amid Decline in Investor Participation

Yes Bank Ltd. has emerged as one of the most active equities today, with a total traded volume of 81,250,343 shares and a total traded value of approximately Rs 169.24 crores. The stock opened at Rs 20.83 and reached a day high of Rs 20.95, while the day low was recorded at Rs 20.63. As of the latest update, the last traded price stands at Rs 20.89.
In terms of performance, Yes Bank has outperformed its sector by 1.39%, marking a consecutive gain over the last two days with a total return of 1.44% during this period. The stock is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day moving average.

However, there has been a notable decline in investor participation, with delivery volume dropping to 4.18 million shares on May 21, reflecting a decrease of 45.84% compared to the 5-day average. Despite this, the stock maintains sufficient liquidity, accommodating trade sizes of Rs 3.16 crores based on 2% of the 5-day average traded value.

Overall, Yes Bank's performance today highlights its active trading status within the private sector banking industry, showcasing both gains and a shift in investor engagement.