Indus Towers Sees Significant Open Interest Surge Amid Active Market Participation

Jun 24 2025 12:00 PM IST
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Indus Towers Ltd has seen a notable rise in open interest, reaching 63,824 contracts, alongside a trading volume of 40,831 contracts. The stock has outperformed its sector and is trading above key moving averages, indicating a strong upward trend despite a decline in delivery volume.
Indus Towers Ltd, a prominent player in the Telecom Equipment and Accessories sector, has experienced a significant increase in open interest today. The latest open interest stands at 63,824 contracts, reflecting a rise of 5,909 contracts or 10.2% from the previous open interest of 57,915. This uptick in open interest comes alongside a trading volume of 40,831 contracts, indicating active market participation.

In terms of price performance, Indus Towers has outperformed its sector by 0.85%, reaching an intraday high of Rs 416.9, which marks a 3.73% increase for the day. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in its price trajectory.

Despite a notable decline in delivery volume, which has fallen by 64.39% against the 5-day average, the stock maintains a liquidity level sufficient for trades up to Rs 4.82 crore, based on 2% of the 5-day average traded value.

Overall, the increase in open interest for Indus Towers highlights a notable shift in market dynamics, reflecting the stock's current standing within the telecom sector.
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