HDFC Life Sees Surge in Open Interest Amid Increased Trading Activity
HDFC Life Insurance Company Ltd has seen a notable rise in open interest, reaching 44,908 contracts, alongside a trading volume of 90,371 contracts today. Despite an initial gain, the stock has struggled recently, underperforming its sector and experiencing a significant drop in delivery volume compared to previous averages.
HDFC Life Insurance Company Ltd (HDFCLIFE) has experienced a significant increase in open interest today, reflecting notable trading activity. The latest open interest stands at 44,908 contracts, marking a rise of 11,952 contracts or 36.27% from the previous open interest of 32,956. The trading volume for the day reached 90,371 contracts, contributing to a futures value of approximately Rs 96,087.25 lakhs.In terms of price performance, HDFC Life opened with a gain of 3.42%, reaching an intraday high of Rs 803. However, the stock has faced challenges, underperforming its sector by 2.45% and recording a decline of 2.52% over the past two days. The stock's intraday low was Rs 759.75, reflecting a decrease of 2.15%. The weighted average price indicates that more volume was traded closer to the lower price point.
Despite being above the 100-day and 200-day moving averages, the stock is currently below the 5-day, 20-day, and 50-day moving averages. Additionally, delivery volume has decreased significantly, falling by 45.48% compared to the 5-day average. Overall, HDFC Life remains a liquid stock, suitable for trades around Rs 3.73 crore based on recent trading metrics.
{{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
