IIFL Finance Sees Surge in Open Interest Amid Increased Trading Activity

Apr 03 2025 03:00 PM IST
share
Share Via
IIFL Finance Ltd has seen a notable rise in open interest, indicating increased trading activity, with a total of 8,609 contracts. The stock has outperformed its sector and reached an intraday high, although investor participation has declined significantly. This reflects a dynamic trading environment for the company.
IIFL Finance Ltd, a mid-cap player in the Finance/NBFC sector, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 8,609 contracts, up from the previous 7,578, marking a change of 1,031 contracts or a 13.61% increase. The trading volume for the day reached 8,849 contracts, contributing to a total futures value of approximately Rs 13,914.66 lakhs and an options value of around Rs 3,468.83 crores.

In terms of price performance, IIFL Finance has outperformed its sector by 2.93%, with the stock gaining 6.49% over the last two days. Today, it reached an intraday high of Rs 352.45, reflecting a 4.97% increase. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day averages.

Despite this positive momentum, there has been a notable decline in investor participation, with delivery volume dropping by 50.99% compared to the 5-day average. Overall, IIFL Finance's recent performance highlights a dynamic trading environment, underscoring the stock's current market position.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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