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

May 14 2025 01:00 PM IST
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Max Financial Services Ltd has seen a notable rise in open interest, reaching 13,530 contracts, alongside a trading volume of 24,735 contracts. The stock achieved a new all-time high of Rs 1,351, indicating strong market activity and robust liquidity, with delivery volumes also showing an increase.
Max Financial Services Ltd (MFSL) has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 13,530 contracts, up from the previous 11,783, marking a change of 1,747 contracts or a 14.83% increase. The trading volume for the day reached 24,735 contracts, contributing to a total futures value of approximately Rs 40,588.08 lakhs.

In terms of price performance, Max Financial Services hit a new 52-week and all-time high of Rs 1,351, representing a 4.72% increase during the trading session. The stock opened with a gain of 2.4% and has outperformed its sector by 2.23%. 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.

The stock's liquidity remains robust, with a delivery volume of 3.74 lakh shares on May 13, reflecting a 3.23% increase compared to the 5-day average. Overall, the notable rise in open interest and strong price performance underscores the active trading environment surrounding Max Financial Services.
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