HDFC Asset Management Sees Surge in Open Interest Amid Increased Trading Activity

Apr 22 2025 03:01 PM IST
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HDFC Asset Management Company Ltd has seen a notable rise in open interest, indicating increased trading activity. The stock has outperformed its sector and shows strong upward momentum, trading above key moving averages. With significant delivery volume and a substantial market capitalization, HDFC AMC remains a key player in the Finance/NBFC sector.
HDFC Asset Management Company Ltd (HDFCAMC) has experienced a significant increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 39,264 contracts, up from the previous 34,962, marking a change of 4,302 contracts or a 12.3% increase. The trading volume for the day reached 34,192 contracts, contributing to a futures value of approximately Rs 75,980 lakhs.

In terms of performance, HDFC AMC has outperformed its sector by 0.81% today, continuing a positive trend with gains over the last three days, totaling 9.18%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. Additionally, the delivery volume on April 21 reached 5.49 lakh shares, reflecting a 63.05% increase compared to the 5-day average, suggesting rising investor participation.

With a market capitalization of Rs 96,459.16 crore, HDFC AMC remains a prominent player in the Finance/NBFC sector. The liquidity of the stock is also notable, with a trade size of Rs 5.21 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest and robust trading metrics highlight the stock's active market presence.
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