Kalyan Jewellers Sees Surge in Open Interest Amid Active Market Participation

Kalyan Jewellers India Ltd, a prominent player in the Gems, Jewellery and Watches industry, has experienced a significant increase in open interest today. The latest open interest stands at 23,171 contracts, reflecting a rise of 2,333 contracts or 11.2% from the previous open interest of 20,838. This uptick in open interest comes alongside a trading volume of 28,548 contracts, indicating active participation in the market.
In terms of price performance, Kalyan Jewellers has outperformed its sector by 2.31%, marking a 1-day return of 2.48%. The stock has shown consistent gains over the past three days, accumulating a total return of 7.23% during this period. Today, it reached an intraday high of Rs 593.6, representing a 4.08% increase.

Despite this positive momentum, there has been a noted decline in investor participation, with delivery volume dropping by 21.37% compared to the 5-day average. The stock remains liquid, with a trade size capacity of Rs 7.43 crore based on 2% of the 5-day average traded value. Overall, Kalyan Jewellers continues to demonstrate notable activity in the market, reflecting underlying trends in trading dynamics.