Indian Bank's Open Interest Surges 23.3% to 16,857 Contracts Amid Increased Trading Activity

Sep 24 2025 01:00 PM IST
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Indian Bank has seen a notable rise in open interest, reaching 16,857 contracts, alongside a trading volume of 54,706 contracts. The stock achieved a new 52-week high of Rs 722, outperforming its sector and demonstrating strong liquidity with increased delivery volume, indicating a vibrant trading atmosphere.
Indian Bank has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 16,857 contracts, a notable rise from the previous open interest of 13,672 contracts, marking a change of 3,185 contracts or 23.3%. This surge coincides with a trading volume of 54,706 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 strong market position. Additionally, Indian Bank is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price trajectory.

The stock's liquidity remains favorable, with a delivery volume of 799,000 shares on September 23, reflecting a 34.26% increase compared to the 5-day average delivery volume. Overall, the increase in open interest and the stock's strong performance metrics highlight a dynamic trading environment for Indian Bank, underscoring its position in the public sector banking industry.
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