Surge in Open Interest for Apollo Hospitals Signals Active Trading Dynamics

Apollo Hospitals Enterprise Ltd. has experienced a significant increase in open interest today, with the latest open interest (OI) recorded at 46,035, up from the previous OI of 40,697. This marks a change of 5,338, reflecting a percentage increase of 13.12%. The trading volume for the stock reached 23,490, contributing to a futures value of approximately Rs 80,119.59 lakhs and an options value of Rs 12,922,754,353, bringing the total value to around Rs 80,992.82 lakhs. The underlying value stands at Rs 7,084.
In terms of price performance, Apollo Hospitals is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong position relative to these benchmarks. However, the stock has seen a slight decline of 0.17% today, mirroring the sector and Sensex returns, which also fell by 0.10% and 0.17%, respectively. Notably, there has been a decrease in investor participation, with delivery volume dropping by 18.27% compared to the 5-day average.

In summary, the notable rise in open interest for Apollo Hospitals Enterprise Ltd. highlights active trading dynamics, while the stock's performance metrics indicate a complex market environment.