Kotak Mahindra Bank Sees Surge in Open Interest Amid Active Derivatives Trading

Apr 22 2025 02:00 PM IST
share
Share Via
Kotak Mahindra Bank Ltd has seen a notable rise in open interest, reaching 135,395 contracts, alongside a trading volume of 157,800 contracts. The stock achieved a new all-time high of Rs 2,301.9 and has consistently gained over the past six days, reflecting strong investor engagement.
Kotak Mahindra Bank Ltd (KOTAKBANK) has experienced a significant increase in open interest today, reflecting heightened activity in its derivatives market. The latest open interest stands at 135,395 contracts, up from the previous figure of 122,579, marking a change of 12,816 contracts or a 10.46% increase. The trading volume for the day reached 157,800 contracts, indicating robust participation.

In terms of price performance, Kotak Mahindra Bank hit a new 52-week and all-time high of Rs 2,301.9, representing a 2.7% increase during the trading session. The stock has shown consistent gains over the past six days, accumulating a total return of 10.81% in this period. Notably, it has outperformed its sector by 0.53% today.

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. Additionally, the delivery volume on April 21 reached 32.89 lakh shares, a 4.9% increase compared to the 5-day average, indicating rising investor participation. With a market capitalization of Rs 4,52,797.90 crore, Kotak Mahindra Bank remains a significant player in the private banking sector. Overall, the increase in open interest and strong price performance underscores the stock's active trading environment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News