Bank of India Sees Surge in Open Interest Amidst Mixed Trading Performance
Bank of India has seen a notable rise in open interest, reaching 21,624 contracts, indicating heightened trading activity. The stock's market capitalization stands at Rs 50,083.90 crore. Despite this increase, it has underperformed its sector and experienced a decline in delivery volume recently.
Bank of India has experienced a significant increase in open interest today, reflecting notable trading activity in the stock. The latest open interest stands at 21,624 contracts, up from the previous open interest of 18,796 contracts, marking a change of 2,828 contracts or a 15.05% increase. The trading volume for the day reached 21,852 contracts, contributing to a total futures value of approximately Rs 46,342.56 lakhs.In terms of price performance, Bank of India has underperformed its sector by 3.65%, with a one-day return of -0.19%. The stock is currently trading above its 50-day, 100-day, and 200-day moving averages, but below its 5-day and 20-day moving averages. Additionally, the stock has seen a decline in delivery volume, with a reported 31.86 lakh shares delivered on May 9, down 4.86% compared to the five-day average.
With a market capitalization of Rs 50,083.90 crore, Bank of India remains a significant player in the public banking sector. The increase in open interest today highlights a shift in trading dynamics, although the stock's performance relative to its sector raises questions about its current market position.
{{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
