Union Bank of India among 5 stocks closing above VWAP
Union Bank of India is in focus with November 9 in focus.
· Economic Times Markets, ET Stocks
Five Nifty500 stocks closed more than 2% above their respective volume-weighted average prices on November 9, according to StockEdge’s technical scan, indicating positive price action during the session.
Key facts
- Dates in focus
- November 9
The analysis
Union Bank of India reported movement of 2%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +1.5% on the day at ₹199.90, and has returned +7.3% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The banks sector has moved -0.6% over the same period, so Union Bank of India is running 7.9 points ahead of its peers.
For Union Bank of India, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Market context
- In focus: Union Bank of India (UNIONBANK), in Banks.
- Over three months: Union Bank of India +7.3% against Banks -0.6% (7.9 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Union Bank of IndiaUNIONBANK · Banks | ₹199.90 | +1.5% | +13.8% | +7.3% | -1.2% | 0.7× | — |
Banks
1M +3.8% · 3M -0.6%
Union Bank of India
Prices as of 11 Nov 2026, 11:12 IST. Sector moves are the average of the stocks we track in each sector.
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