Fortis Healthcare Sees Surge in Open Interest Amid Increased Trading Activity

Jul 29 2025 02:00 PM IST
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Fortis Healthcare Ltd has seen a notable rise in open interest, indicating increased trading activity, with current figures at 24,723 contracts. The stock is trading close to its 52-week high and has shown consistent gains recently, reflecting a strong upward trend in the healthcare sector.
Fortis Healthcare Ltd, a prominent player in the hospital industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 24,723 contracts, up from the previous 20,804 contracts, marking a change of 3,919 contracts or an 18.84% increase. The trading volume for the day reached 13,886 contracts, contributing to a total futures value of approximately Rs 53,541.72 lakhs.

In terms of price performance, Fortis Healthcare is currently trading just 0.55% away from its 52-week high of Rs 854.5. The stock has shown consistent gains over the past two days, with a return of 0.5% during this period. Notably, Fortis Healthcare is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Despite a slight decline in delivery volume, which fell by 3.18% against the 5-day average, the stock remains liquid enough for trades sized at Rs 3.87 crore, based on 2% of the 5-day average traded value. Overall, the increase in open interest and solid price performance underscores Fortis Healthcare's robust market position in the healthcare sector.
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