Surge in Open Interest Signals Increased Market Activity for Blue Star Ltd.

Jun 04 2025 03:00 PM IST
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Blue Star Ltd. has seen a notable rise in open interest, reaching 1,752 contracts, alongside a trading volume of 3,178 contracts, indicating increased activity in the derivatives market. The stock is trading near its 52-week low, with a significant increase in delivery volume and a market capitalization of Rs 31,876.46 crore.
Blue Star Ltd. (BLUESTARCO), a prominent player in the Electronics & Appliances sector, has experienced a significant increase in open interest today. The latest open interest stands at 1,752 contracts, reflecting a rise of 293 contracts or 20.08% from the previous open interest of 1,459. This uptick in open interest coincides with a trading volume of 3,178 contracts, indicating heightened activity in the derivatives market.

In terms of price performance, Blue Star is currently trading close to its 52-week low, just 3.94% away from Rs 1,489.05. The stock has shown resilience, outperforming its sector by 0.25% today, with a one-day return of 0.46%. Notably, the stock's performance is above its 5-day moving averages but remains below the 20-day, 50-day, 100-day, and 200-day moving averages.

Additionally, the stock has seen a rise in delivery volume, with 346,000 shares delivered on June 3, marking a 32.96% increase compared to the 5-day average delivery volume. With a market capitalization of Rs 31,876.46 crore, Blue Star continues to maintain a liquid trading environment, suitable for transactions up to Rs 1.73 crore based on 2% of the 5-day average traded value. Overall, the notable increase in open interest highlights a shift in market dynamics for Blue Star Ltd.
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