Surge in Open Interest for IIFL Finance Signals Increased Market Activity and Positive Trends
IIFL Finance Ltd has seen a significant rise in open interest, reaching 16,786 contracts, alongside a trading volume of 18,375 contracts. The stock has outperformed its sector and demonstrated consistent gains over three days, trading above key moving averages and showing robust liquidity.
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 16,786 contracts, marking a notable rise of 3,749 contracts or 28.76% from the previous open interest of 13,037. This surge in open interest coincides with a trading volume of 18,375 contracts, reflecting heightened activity in the stock.In terms of price performance, IIFL Finance has outperformed its sector by 3.55%, with a 1-day return of 3.83%. The stock has shown consistent gains over the past three days, accumulating a total return of 6.41% during this period. Today, it reached an intraday high of Rs 492.6, representing a 3.74% increase.
Additionally, IIFL Finance is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The stock's liquidity remains robust, with a delivery volume of 27.54 lakh shares on July 4, reflecting a 145.1% increase compared to the 5-day average delivery volume.
In summary, the notable rise in open interest for IIFL Finance highlights increased trading activity, aligning with its positive price performance and market position within the large-cap segment.
{{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
