Surge in Open Interest Signals Increased Market Activity for LIC Housing Finance
LIC Housing Finance Ltd has seen a significant rise in open interest, reaching 41,652 contracts, indicating increased activity in the derivatives market. The trading volume for the day was 24,265 contracts, with a total value of approximately Rs 79,323.30 lakhs, reflecting notable market dynamics.
LIC Housing Finance Ltd (LICHSGFIN) has experienced a notable increase in open interest today, reflecting heightened activity in the derivatives market. The latest open interest stands at 41,652 contracts, marking a rise of 3,832 contracts or 10.13% from the previous open interest of 37,820. The trading volume for the day reached 24,265 contracts, contributing to a total futures value of approximately Rs 78,369.17 lakhs and an options value of Rs 6,232.62 crores, culminating in a total value of Rs 79,323.30 lakhs.In terms of price performance, LIC Housing Finance has outperformed its sector by 0.89%, despite a recent trend reversal after six consecutive days of gains. The stock recorded an intraday low of Rs 566.20, reflecting a decline of 2.09%. It remains above its 5-day, 20-day, and 50-day moving averages, although it is below the 100-day and 200-day moving averages. The finance and housing sector overall has seen a decline of 2.06% today.
Overall, the increase in open interest alongside the stock's performance metrics indicates a significant shift in market dynamics for LIC Housing Finance, warranting attention from market participants.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
