IIFL Finance Sees Significant Surge in Open Interest Amid Strong Market Activity

Jun 09 2025 03:00 PM IST
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IIFL Finance Ltd has seen a notable rise in open interest, reaching 14,165 contracts, alongside a trading volume of 34,146 contracts. The stock has outperformed its sector, gaining 7.99% today and showing a strong bullish trend, supported by significant liquidity and delivery volume.
IIFL Finance Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has experienced a significant increase in open interest today. The latest open interest stands at 14,165 contracts, reflecting a rise of 2,714 contracts or 23.7% from the previous open interest of 11,451. This surge in open interest comes alongside a trading volume of 34,146 contracts, indicating robust market activity.

In terms of price performance, IIFL Finance has outperformed its sector by 5.37%, with the stock gaining 7.99% on the day. Over the past four days, the stock has shown a remarkable upward trend, accumulating a total return of 13.92%. The stock reached an intraday high of Rs 486.3, marking a 7.82% increase. Additionally, IIFL Finance is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong bullish trend.

With a market capitalization of Rs 20,694.92 crore, IIFL Finance continues to demonstrate liquidity, supported by a delivery volume of 26.14 lakh shares, which has surged by 397.77% compared to its 5-day average. This notable activity in open interest and trading metrics underscores the stock's dynamic position in the market.
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