ICICI Lombard Sees Surge in Open Interest Amid Increased Derivatives Activity
ICICI Lombard General Insurance Company Ltd has seen a notable rise in open interest, indicating increased derivatives market activity. The stock has outperformed its sector and achieved a significant intraday high, although investor participation has declined sharply. This reflects a dynamic shift in market engagement for the company.
ICICI Lombard General Insurance Company Ltd (ICICIGI) has experienced a significant increase in open interest today, reflecting heightened activity in the derivatives market. The latest open interest stands at 46,180 contracts, up from the previous figure of 40,061, marking a change of 6,119 contracts or a 15.27% increase. The trading volume for the day reached 28,744 contracts, contributing to a total futures value of approximately Rs 67,534.72 lakhs.In terms of price performance, ICICI Lombard has outperformed its sector by 1.01%, with the stock gaining 4.38% over the past three days. Today, it reached an intraday high of Rs 1,883, reflecting a 2.05% increase. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.
Despite this positive momentum, there has been a notable decline in investor participation, with delivery volume dropping by 61.45% compared to the 5-day average. Overall, ICICI Lombard's performance today highlights a dynamic shift in market activity, underscoring the stock's current standing within the finance/NBFC 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
