IIFL Finance Sees Surge in Open Interest, Indicating Increased Market Activity

Apr 22 2025 02:00 PM IST
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IIFL Finance Ltd has seen a notable rise in open interest, reaching 15,260 contracts, alongside a trading volume of 26,319 contracts. The stock has outperformed its sector and demonstrated significant price gains, with increased delivery volume indicating heightened market activity and investor interest.
IIFL Finance Ltd has experienced a significant increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 15,260 contracts, up from the previous 13,579, marking a change of 1,681 contracts or a 12.38% increase. The trading volume for the day reached 26,319 contracts, contributing to a futures value of approximately Rs 29,144.35 lakhs and an options value of Rs 12,191.10 crore, bringing the total value to Rs 31,159.33 lakhs.

In terms of price performance, IIFL Finance has outperformed its sector by 5.33%, with the stock gaining 13.36% over the past five days. Today, it reached an intraday high of Rs 375, reflecting a 7.96% increase. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day averages. Notably, the delivery volume has also seen a rise, with 8.07 lakh shares delivered on April 21, up 38.39% compared to the 5-day average.

Overall, the notable spurt in open interest for IIFL Finance indicates a dynamic trading environment, underscoring the stock's active participation in the market.
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