LIC Housing Finance Sees 27.1% Surge in Open Interest Amid Increased Trading Activity

LIC Housing Finance Ltd (LICHSGFIN) has experienced a significant increase in open interest today, reflecting notable activity in the housing finance sector. The latest open interest stands at 60,726 contracts, up from the previous figure of 47,778, marking a change of 12,948 contracts or a 27.1% increase. This surge in open interest is accompanied by a trading volume of 38,384 contracts, indicating heightened market engagement.
In terms of price performance, LIC Housing Finance has shown resilience, with a 1-day return of 0.82%, outperforming the sector's return of 0.57% and the Sensex's return of 0.68%. The stock is currently trading above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average.

Despite a decline in delivery volume, which fell by 45.02% against the 5-day average, the stock maintains adequate liquidity for trades up to Rs 1.2 crore, based on 2% of the 5-day average traded value. With a market capitalization of Rs 32,080 crore, LIC Housing Finance continues to hold a significant position in the mid-cap segment of the housing finance industry. Overall, the increase in open interest highlights a dynamic trading environment for the stock.