Surge in Open Interest Signals Increased Market Activity for 360 ONE WAM Ltd

360 ONE WAM Ltd, a prominent player in the capital markets sector, has experienced a significant increase in open interest today. The latest open interest stands at 1,866 contracts, marking a notable rise of 504 contracts or 37.0% from the previous open interest of 1,362. This surge in open interest is accompanied by a trading volume of 815 contracts, indicating active participation in the market.
In terms of overall market performance, 360 ONE WAM is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong position relative to its recent price trends. The stock's delivery volume reached 23.64 lakh shares on June 30, reflecting a 60.19% increase compared to the 5-day average delivery volume, which points to rising investor engagement.

With a market capitalization of Rs 46,832.04 crore, 360 ONE WAM remains a large-cap entity in the capital markets industry. The stock's liquidity is also noteworthy, as it is liquid enough for a trade size of Rs 6.43 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest highlights a dynamic trading environment for 360 ONE WAM, underscoring its active market presence.