Bajaj Finserv Sees Significant Surge in Open Interest Amid Increased Market Activity
Bajaj Finserv Ltd has reported a notable rise in open interest, reaching 66,917 contracts, alongside a trading volume of 28,151 contracts, indicating increased activity in the derivatives market. The stock has also seen a significant boost in delivery volume, suggesting heightened engagement among market participants.
Bajaj Finserv Ltd, a prominent player in the holding company sector, has experienced a significant increase in open interest (OI) today. The latest OI stands at 66,917 contracts, reflecting a rise of 9,182 contracts or 15.9% from the previous OI of 57,735. This uptick in OI comes alongside a trading volume of 28,151 contracts, indicating heightened activity in the derivatives market.In terms of price performance, Bajaj Finserv has underperformed its sector by 0.46%, with a 1-day return of -0.61%. The stock has traded within a narrow range of Rs 13.8 today. Notably, it is currently positioned above its 5-day, 20-day, and 200-day moving averages, while remaining below its 50-day and 100-day moving averages.
Additionally, the stock has seen a notable increase in delivery volume, which rose by 85.87% compared to the 5-day average, reaching 12.64 lakh shares on August 21. With a market capitalization of Rs 3,14,433.66 crore, Bajaj Finserv continues to maintain a liquid trading environment, suitable for transactions up to Rs 6 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest highlights a shift in market dynamics for Bajaj Finserv, reflecting active engagement among market participants.
{{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
