Indian Bank Sees 22.98% Surge in Open Interest, Reaching 16,814 Contracts

Sep 24 2025 03:00 PM IST
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Indian Bank has seen a notable rise in open interest, reaching 16,814 contracts, alongside a trading volume of 59,287 contracts. The stock achieved a new 52-week high of Rs 722 and demonstrated strong performance relative to its sector, with increased delivery volume and a substantial market capitalization.
Indian Bank has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 16,814 contracts, marking a notable rise of 3,142 contracts or 22.98% from the previous open interest of 13,672. This surge coincides with a trading volume of 59,287 contracts, indicating robust market engagement.

In terms of price performance, Indian Bank reached a new 52-week and all-time high of Rs 722, representing a 3.87% increase during the trading session. The stock has outperformed its sector by 2.49%, showcasing its relative strength in the market. Additionally, Indian Bank is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

The delivery volume has also seen a rise, with 799,000 shares delivered on September 23, reflecting a 34.26% increase compared to the 5-day average. With a market capitalization of Rs 96,004.86 crore, Indian Bank remains a significant player in the public sector banking industry. Overall, the increase in open interest and strong price performance underscores the stock's active trading environment today.
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