Interglobe Aviation Sees Surge in Open Interest Amid Strong Trading Activity
Interglobe Aviation Ltd, trading as INDIGO, has seen a notable rise in open interest, reaching 93,843 contracts, alongside a trading volume of 187,266 contracts. The stock achieved a new 52-week high of Rs 5,190.35 and demonstrated strong liquidity with a market capitalization of Rs 1,97,187.98 crore.
Interglobe Aviation Ltd, trading under the symbol INDIGO, has experienced a significant increase in open interest today, reflecting heightened activity in its derivatives market. The latest open interest stands at 93,843 contracts, up from the previous 84,274, marking a change of 9,569 contracts or an 11.35% increase. This surge coincides with a trading volume of 187,266 contracts, indicating robust market engagement.In terms of price performance, Interglobe Aviation reached a new 52-week high of Rs 5,190.35 today, reflecting a 4.21% increase during the trading session. The stock has shown consistent upward momentum, gaining 8.66% over the past four days. Notably, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong trend.
Additionally, the stock's delivery volume on March 19 reached 113,600 shares, a remarkable 93.87% increase compared to the 5-day average. With a market capitalization of Rs 1,97,187.98 crore, Interglobe Aviation continues to demonstrate solid liquidity, supporting trade sizes of approximately Rs 10.98 crore. Overall, the notable rise in open interest and strong price performance underscores the stock's active trading environment.
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