IIFL Finance Sees Surge in Open Interest Amid Increased Trading Activity
IIFL Finance Ltd has seen a notable rise in open interest, indicating increased trading activity, with current figures at 16,792 contracts. The stock has outperformed its sector and demonstrated strong price momentum, trading above key moving averages and experiencing a significant increase in delivery volume.
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 16,792 contracts, up from the previous 14,585, marking a change of 2,207 contracts or a 15.13% increase. The trading volume for the day reached 20,707 contracts, contributing to a total futures value of approximately Rs 29,917.79 lakhs.In terms of price performance, IIFL Finance has outperformed its sector by 4.88% today, with the stock gaining 5.50% on the day. It has shown consistent upward momentum, achieving a total return of 13.23% over the past three days. The stock opened with a gain of 2.56% and reached an intraday high of Rs 411.8, reflecting a 6.09% increase.
Additionally, IIFL Finance is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance trend. The delivery volume has also seen a rise of 30.27% compared to the 5-day average, suggesting increased liquidity in the stock. Overall, the notable spurt in open interest and robust trading metrics highlight the active market engagement surrounding IIFL Finance.
{{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
