Hindustan Unilever Sees Surge in Open Interest Amid Active Market Participation

Hindustan Unilever Ltd, a prominent player in the FMCG sector, has experienced a significant increase in open interest today. The latest open interest stands at 74,112 contracts, reflecting a rise of 8,477 contracts or 12.92% from the previous open interest of 65,635. This uptick in open interest coincides with a trading volume of 73,332 contracts, indicating active participation in the market.
In terms of price performance, Hindustan Unilever reached an intraday high of Rs 2,723, marking a gain of 2.58%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in its price trajectory. Additionally, the delivery volume has seen a notable increase, with 17.86 lakh shares delivered on August 28, reflecting a 13% rise compared to the 5-day average delivery volume.

With a market capitalization of Rs 6,25,250 crore, Hindustan Unilever continues to maintain a robust position in the FMCG industry. The liquidity of the stock remains favorable, accommodating trade sizes of Rs 12.85 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest and positive trading metrics highlight the stock's active market engagement.