Surge in Open Interest Signals Increased Trading Activity for Axis Bank
Axis Bank Ltd. has seen a notable rise in open interest, reaching 186,624 contracts, alongside a trading volume of 100,854 contracts, indicating increased market activity. The stock remains stable, trading above key moving averages, with a significant rise in delivery volume, reflecting heightened investor participation.
Axis Bank Ltd. has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 186,624 contracts, up from the previous figure of 167,259, marking a change of 19,365 contracts or an 11.58% increase. This surge in open interest is accompanied by a trading volume of 100,854 contracts, indicating robust market engagement.In terms of price performance, Axis Bank has shown stability, trading within a narrow range of Rs 10.5. The stock is currently positioned above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is slightly below its 5-day moving average. Notably, the delivery volume reached 41.81 lakh shares on May 27, reflecting a 65.49% increase compared to the 5-day average, suggesting a rise in investor participation.
With a market capitalization of Rs 3,71,206.71 crore, Axis Bank remains a prominent player in the private sector banking industry. The liquidity of the stock is also favorable, supporting a trade size of Rs 11.73 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest and trading volume highlights a dynamic trading environment for Axis Bank.
{{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
