HDFC Life Sees Surge in Open Interest, Indicating Increased Futures Market Activity
HDFC Life Insurance Company Ltd has seen a notable rise in open interest, reaching 60,703 contracts, indicating increased futures market activity. The stock is trading close to its 52-week high and has shown consistent gains, despite a decline in delivery volume compared to recent averages.
HDFC Life Insurance Company Ltd (HDFCLIFE) has experienced a significant increase in open interest today, reflecting heightened activity in its futures market. The latest open interest stands at 60,703 contracts, marking an increase of 5,754 contracts or 10.47% from the previous open interest of 54,949. The trading volume for the day reached 19,358 contracts, contributing to a total futures value of approximately Rs 82,199.56 lakhs.In terms of price performance, HDFC Life is currently trading just 0.69% away from its 52-week high of Rs 791.1, having outperformed its sector by 0.31% today. The stock has shown consistent gains over the past two days, with a total return of 1.49% during this period. Additionally, HDFC Life is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
Despite a decline in delivery volume by 20.84% compared to the 5-day average, the stock remains liquid enough for trades of Rs 4.15 crore, with a market capitalization of Rs 1,68,292 crore. Overall, the notable rise in open interest highlights increased trading activity in HDFC Life, reflecting the stock's current market dynamics.
{{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
