FEDERALBNK

Federal Bank has reported a gain of 3.1% on March 24, 2025, outperforming its sector by 0.94%. The stock has shown a consistent upward trend, gaining for six consecutive days and achieving a total return of 9.14% during this period. On this day, Federal Bank reached an intraday high of Rs 192.8, marking a rise of 2.94%. In terms of moving averages, the stock is currently above its 5-day, 20-day, 50-day, and 200-day moving averages, but below its 100-day moving average. The private banking sector overall has seen a gain of 2%. In the broader market, the Sensex has continued its upward trajectory, opening 550.76 points higher and climbing an additional 314.30 points to reach 77,770.57, reflecting a 1.12% increase. The Sensex has gained 6.25% over the past three weeks, with small-cap stocks leading the market, as evidenced by a 1.37% gain in the BSE Small Cap index.