360 ONE WAM Ltd Sees 23.39% Surge in Open Interest to 12,472 Contracts

360 ONE WAM Ltd, a mid-cap player in the Capital Markets industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 12,472 contracts, up from the previous 10,108, marking a change of 2,364 contracts or a 23.39% increase. The trading volume for the day reached 28,227 contracts, indicating robust market engagement.
In terms of price performance, 360 ONE WAM has outperformed its sector by 1.36%, with the stock gaining 3.27% today. Over the past four days, it has shown a cumulative return of 7.46%. The stock reached an intraday high of Rs 1,172, reflecting a 4.02% increase. Notably, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

Additionally, the finance/NBFC sector has gained 2.1%, contributing to the overall positive sentiment. The delivery volume on October 14 was 6.45 lakh, a 62.28% increase compared to the 5-day average, indicating rising participation. With a market capitalization of Rs 47,093.88 crore, 360 ONE WAM continues to demonstrate liquidity suitable for trades around Rs 1.89 crore. Overall, the notable spurt in open interest underscores a dynamic trading environment for the stock.