Hindustan Unilever Sees Surge in Open Interest Amid Increased Trading Activity

Hindustan Unilever Ltd, a prominent player in the FMCG sector, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 74,725 contracts, marking a notable rise of 9,090 contracts or 13.85% from the previous open interest of 65,635. The trading volume for the day reached 78,418 contracts, indicating robust market engagement.
In terms of price performance, Hindustan Unilever's stock underperformed the sector slightly, with a decline of 0.25%. The stock reached an intraday high of Rs 2,723, reflecting a 2.58% increase during the trading session. Notably, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its short to long-term performance.

Additionally, the delivery volume has seen a rise of 13% compared to the 5-day average, with 17.86 lakh shares delivered on August 28. The liquidity remains favorable, with the stock being liquid enough for a trade size of Rs 12.85 crore, based on 2% of the 5-day average traded value. Overall, the increase in open interest and trading volume highlights a dynamic trading environment for Hindustan Unilever, reflecting ongoing market activity.