LICI Sees Significant Surge in Open Interest, Indicating Increased Market Activity
Life Insurance Corporation of India (LICI) has seen a significant rise in open interest, indicating increased trading activity. The stock is trading in line with its sector and remains above several moving averages, despite a drop in delivery volume. LICI maintains a strong market presence with substantial liquidity.
Life Insurance Corporation of India (LICI) has experienced a notable increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 25,489 contracts, up from the previous figure of 23,158, marking a change of 2,331 contracts or a percentage increase of 10.07%. The trading volume for the day reached 18,957 contracts, contributing to a futures value of approximately Rs 17,334.48 lakhs.In terms of price performance, LICI's stock is currently trading in line with its sector, with a one-day return of 0.02%. The stock is positioned higher than its 5-day, 20-day, 100-day, and 200-day moving averages, although it remains below the 50-day moving average. Notably, there has been a decline in investor participation, with delivery volume dropping by 59.03% compared to the 5-day average.
With a market capitalization of Rs 5,73,709 crore, LICI continues to maintain a significant presence in the insurance industry. The liquidity of the stock remains adequate, supporting trade sizes of up to Rs 2.01 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest highlights a shift in market dynamics for LICI, 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
Most Read
