Surge in Open Interest Signals Increased Market Activity for Axis Bank Amid Price Decline

Jul 29 2025 02:00 PM IST
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Axis Bank Ltd. has seen a notable rise in open interest, reaching 305,419 contracts, alongside a trading volume of 168,530 contracts, indicating active market engagement. Despite this, the stock has underperformed its sector and is trading below key moving averages, reflecting bearish sentiment in the market.
Axis Bank Ltd. has experienced a significant increase in open interest today, with the latest open interest (OI) reported at 305,419 contracts, up from the previous OI of 251,572 contracts. This marks a notable change of 53,847 contracts, reflecting a percentage increase of 21.4%. The trading volume for the stock reached 168,530 contracts, indicating active participation in the market.

In terms of price performance, Axis Bank has underperformed its sector by 1.31% today, continuing a downward trend with a 4-day consecutive decline totaling 4.12%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish sentiment in the short to medium term. Additionally, the delivery volume has decreased by 13.13% compared to the 5-day average, indicating a decline in investor participation.

With a market capitalization of Rs 3,33,429 crore, Axis Bank remains a significant player in the private sector banking industry. The liquidity of the stock is adequate for trading, with a size of Rs 21.25 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest amidst a challenging price performance highlights the current dynamics surrounding Axis Bank.
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