Surge in Open Interest for AU Small Finance Bank Signals Increased Trading Activity Amid Decline
AU Small Finance Bank Ltd (AUBANK) has seen a notable rise in open interest, reaching 32,781 contracts amid increased trading activity. However, the stock has underperformed, declining by 6.65% today and 7.04% over the past four days, with reduced delivery volume indicating waning investor interest.
AU Small Finance Bank Ltd (AUBANK) has experienced a significant increase in open interest today, reflecting notable trading activity. The latest open interest stands at 32,781 contracts, up from the previous 28,183 contracts, marking a change of 4,598 contracts or a 16.31% increase. The trading volume for the day reached 66,896 contracts, contributing to a futures value of approximately Rs 87,323.11 lakhs.Despite this surge in open interest, the stock has underperformed compared to its sector, declining by 6.65% today. Over the past four days, AUBANK has seen a cumulative drop of 7.04%. The stock opened lower today, with a gap down of 3.13%, and hit an intraday low of Rs 735.2, reflecting a decrease of 7.51% from the previous close.
In terms of moving averages, the stock is currently above its 100-day and 200-day averages but below the 5-day, 20-day, and 50-day averages. Additionally, delivery volume has decreased by 36.17% compared to the 5-day average, indicating a decline in investor participation. Overall, while the increase in open interest suggests heightened trading activity, the stock's recent performance indicates challenges in maintaining upward momentum.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
