Max Financial Services Sees Surge in Open Interest Amid Dynamic Trading Environment

Jun 02 2025 02:00 PM IST
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Max Financial Services Ltd has seen a notable rise in open interest, reaching 10,927 contracts, alongside a trading volume of 5,177 contracts. The stock achieved a new all-time high of Rs 1,533.4, reflecting strong performance despite a decline in delivery volume. Overall, the trading environment remains active.
Max Financial Services Ltd (MFSL) has experienced a significant increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 10,927 contracts, up from the previous 9,847 contracts, marking a change of 1,080 contracts or a 10.97% increase. The trading volume for the day reached 5,177 contracts, contributing to a total futures value of approximately Rs 18,592.19 lakhs and an options value of Rs 4,484.76 lakhs, bringing the total to Rs 19,287.82 lakhs.

In terms of price performance, Max Financial Services hit a new 52-week and all-time high of Rs 1,533.4 today, reflecting a 2.04% increase during intraday trading. The stock has outperformed its sector by 1.48% and has shown consistent gains over the past two days, with a total return of 2.46% in that period. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Despite a notable drop in delivery volume, which fell by 41.56% compared to the 5-day average, the liquidity remains sufficient for trades sized at Rs 3.69 crore. Overall, the surge in open interest and the stock's recent performance highlight a dynamic trading environment for Max Financial Services.
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