Surge in Open Interest for LIC Housing Finance Signals Increased Derivatives Market Activity

Mar 24 2025 03:00 PM IST
share
Share Via
LIC Housing Finance Ltd has seen a notable rise in open interest, indicating increased trading activity in the derivatives market. The stock has gained over the past six days but has underperformed compared to its sector. It remains above several moving averages while lagging behind others.
LIC Housing Finance Ltd (LICHSGFIN) has experienced a significant increase in open interest today, reflecting heightened activity in the derivatives market. The latest open interest stands at 41,516 contracts, marking an increase of 4,244 contracts or 11.39% from the previous open interest of 37,272. The trading volume for the day reached 27,795 contracts, contributing to a total futures value of approximately Rs 70,816.74 lakhs and an options value of around Rs 9,108,508.35 lakhs, culminating in a total value of Rs 71,987.83 lakhs.

In terms of price performance, LIC Housing Finance has underperformed its sector by 0.81%, despite gaining 11.94% over the past six days. The stock reached an intraday high of Rs 584, reflecting a 2.15% increase for the day. While the stock is currently above its 5-day, 20-day, and 50-day moving averages, it remains below its 100-day and 200-day moving averages. The finance-housing sector overall has seen a gain of 2.31%.

In summary, the notable rise in open interest for LIC Housing Finance indicates increased trading activity, while the stock's recent performance shows a mix of gains and sector underperformance.
{{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
Most Read