FSN E-Commerce Ventures Sees 10.1% Rise in Open Interest to 28,932

FSN E-Commerce Ventures Ltd, trading under the symbol NYKAA, has experienced a significant increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 28,932 contracts, up from the previous 26,277, marking a change of 2,655 contracts or a 10.1% increase. The trading volume for the day reached 32,622 contracts, indicating robust market engagement.
In terms of price performance, NYKAA hit a new 52-week high of Rs 265.6, representing a 4.02% increase during the trading session. The stock has outperformed its sector by 3.74% and has shown a consecutive gain over the last two days, accumulating a total return of 9.8% in this period. Notably, FSN E-Commerce is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

Additionally, the stock's delivery volume surged to 1.15 crore on October 6, reflecting a remarkable increase of 625.27% compared to the 5-day average delivery volume. With a market capitalization of Rs 75,311.73 crore, FSN E-Commerce Ventures continues to demonstrate liquidity suitable for trades around Rs 4.63 crore. Overall, the notable rise in open interest and strong price performance underscores the stock's active trading environment.