Max Financial Services Sees 14.12% Surge in Open Interest Amid Increased Trading Activity
Max Financial Services Ltd has seen a notable rise in open interest, indicating increased trading activity. The stock's performance has outpaced its sector, with consistent gains over recent days. Additionally, delivery volume has surged, suggesting heightened investor participation and a dynamic trading environment for the company.
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 12,625 contracts, up from the previous 11,063, marking a change of 1,562 contracts or a 14.12% increase. The trading volume for the day reached 7,019 contracts, contributing to a total futures value of approximately Rs 51,711.70 lakhs and an options value of around Rs 34,673.44 lakhs, bringing the total value to Rs 52,056.82 lakhs. The underlying value of the stock is noted at Rs 1,520.In terms of performance, Max Financial Services has outperformed its sector by 0.35% today, with a 1D return of 0.57%. The stock has shown consistent gains over the past two days, accumulating a total return of 2.88%. It has traded within a narrow range of Rs 14, and while it is above the 5-day and 200-day moving averages, it remains below the 20-day, 50-day, and 100-day moving averages. Additionally, the delivery volume has surged by 60.77% compared to the 5-day average, indicating rising investor participation.
Overall, the notable increase in open interest and trading activity highlights a dynamic trading environment for Max Financial Services, reflecting the stock's current market position.
{{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
