Bajaj Finance Sees Significant Surge in Open Interest Amid Increased Trading Activity
Bajaj Finance Ltd has seen a notable rise in open interest, reaching 218,028 contracts, alongside a trading volume of 134,053 contracts. The stock has outperformed its sector and demonstrated increased delivery volume, indicating heightened trading activity and a robust market position with a market capitalization of Rs 5,52,636.50 crore.
Bajaj Finance Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has experienced a significant increase in open interest today. The latest open interest stands at 218,028 contracts, reflecting a notable rise of 20,874 contracts or 10.59% from the previous open interest of 197,154. This surge in open interest comes alongside a trading volume of 134,053 contracts, indicating heightened activity in the stock.In terms of performance, Bajaj Finance has outperformed its sector by 0.51%, marking a trend reversal after three consecutive days of decline. The stock's current price is positioned above the 200-day moving average but remains below the 5-day, 20-day, 50-day, and 100-day moving averages. Additionally, the stock has shown a significant increase in delivery volume, with 89.35 lakh shares delivered on July 28, representing an 85.18% rise compared to the 5-day average delivery volume.
With a market capitalization of Rs 5,52,636.50 crore, Bajaj Finance continues to demonstrate liquidity suitable for trades of Rs 23.01 crore, reflecting its robust position in the market. Overall, the increase in open interest and trading activity highlights a dynamic trading environment for Bajaj Finance.
{{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
