IIFL Finance Sees Significant Surge in Open Interest Amid Increased Trading Activity

Jul 07 2025 03:00 PM IST
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IIFL Finance Ltd has seen a notable rise in open interest, reaching 17,184 contracts, alongside a trading volume of 30,060 contracts. The stock has outperformed its sector for three consecutive days, achieving a total return of 5.39%, while maintaining strong liquidity and trading above key moving averages.
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 17,184 contracts, reflecting a notable rise of 4,147 contracts or 31.81% from the previous open interest of 13,037. This surge in open interest coincides with a trading volume of 30,060 contracts, indicating heightened activity in the stock.

In terms of performance, IIFL Finance has outperformed its sector by 2.7% today, marking its third consecutive day of gains with a total return of 5.39% over this period. The stock reached an intraday high of Rs 495.5, representing a 4.35% 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 upward trend.

The stock's liquidity remains robust, with a delivery volume of 27.54 lakh shares on July 4, which is up by 145.1% compared to the 5-day average delivery volume. Overall, IIFL Finance's performance metrics indicate a dynamic trading environment, underscoring its position in the market.
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