Angel One Ltd Sees 10.53% Surge in Open Interest, Reaching 28,216 Contracts

Angel One Ltd, a small-cap player in the capital markets sector, has experienced a notable increase in open interest today. The latest open interest stands at 28,216 contracts, reflecting a rise of 2,689 contracts or 10.53% from the previous open interest of 25,527. This surge in open interest coincides with a trading volume of 37,419 contracts, indicating heightened activity in the derivatives market. In terms of price performance, Angel One's stock has underperformed its sector by 0.39%, with an intraday high of Rs 2,673.3, marking a 2.17% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in the short to medium term. Additionally, the delivery volume on November 7 reached 539,000 shares, a significant increase of 171.54% compared to the 5-day average delivery volume, highlighting rising investor participation. With a market capitalization of Rs 24,132 crore, Angel One continues to maintain liquidity, supporting trade sizes of up to Rs 5.14 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest and trading activity reflects a dynamic trading environment for Angel One.