HDFC Life Insurance Sees 17.7% Surge in Open Interest Amid Increased Trading Activity
HDFC Life Insurance Company Ltd has seen a significant rise in open interest, reaching 52,615 contracts, alongside a trading volume of 34,686 contracts. The stock has outperformed its sector, recovering from previous declines, although its delivery volume has decreased compared to the five-day average.
HDFC Life Insurance Company Ltd has experienced a significant increase in open interest today, reflecting notable activity in the derivatives market. The latest open interest stands at 52,615 contracts, up from the previous figure of 44,702, marking a change of 7,913 contracts or a 17.7% increase. This surge in open interest coincides with a trading volume of 34,686 contracts, indicating heightened market engagement.In terms of price performance, HDFC Life has outperformed its sector by 1.68%, recovering after three consecutive days of decline. The stock is currently trading at an underlying value of Rs 767, with a total futures value of Rs 150,798 lakhs and an options value of Rs 14,440,905,512 lakhs.
Despite this positive movement, the stock's delivery volume has seen a decline of 10.56% compared to the five-day average, with a delivery volume of 14.57 lakh shares recorded on September 25. HDFC Life remains liquid enough for trades sized at Rs 3.48 crore, based on 2% of the five-day average traded value.
In summary, the notable increase in open interest for HDFC Life Insurance Company Ltd highlights a shift in market dynamics, while the stock's recent performance reflects a complex interplay of factors within the insurance sector.
{{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
Most Read
