Angel One Ltd Sees 13.23% Surge in Open Interest to 34,075

Angel One Ltd, a small-cap player in the capital markets industry, has experienced a significant increase in open interest today. The latest open interest stands at 34,075 contracts, reflecting a rise of 3,982 contracts or 13.23% from the previous open interest of 30,093. This uptick in open interest coincides with a trading volume of 70,104 contracts, indicating robust activity in the derivatives market.
In terms of price performance, Angel One has outperformed its sector by 3.66%, with a notable 1-day return of 3.98%. The stock has been on a positive trajectory, gaining for five consecutive days and accumulating a total return of 9.65% during this period. Today, it reached an intraday high of Rs 2,864.4, marking a 4.34% increase.

Despite this positive momentum, there has been a decline in investor participation, with delivery volume dropping by 57.71% compared to the 5-day average. Nevertheless, the stock remains liquid, with a trade size capacity of Rs 6.2 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest and the stock's recent performance highlight a dynamic trading environment for Angel One.