AU Small Finance Bank Sees 10.28% Surge in Open Interest Amid Active Trading

AU Small Finance Bank Ltd (AUBANK) has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 52,025 contracts, up from the previous 47,176, marking a change of 4,849 contracts or a 10.28% increase. The trading volume for the day reached 75,834 contracts, contributing to a total futures value of approximately Rs 139,397.19 lakhs and an options value of Rs 52,812.68 crores, bringing the total to Rs 145,481.50 lakhs.
In terms of price performance, AU Small Finance Bank hit a new 52-week high of Rs 884, representing a 2.63% increase for the day. The stock has outperformed its sector by 1.16%, with a one-day return of 1.49%, compared to the sector's return of 0.34% and the Sensex's return of 0.31%. Notably, AU Small Finance Bank is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

However, it is worth noting a decline in investor participation, with delivery volume dropping by 95.39% compared to the 5-day average. Despite this, the stock remains liquid enough for a trade size of Rs 11.21 crores, reflecting its mid-cap market position with a market capitalization of Rs 65,239.08 crores. Overall, the notable increase in open interest and strong price performance highlights the current dynamics surrounding AU Small Finance Bank.