Max Healthcare Sees Surge in Open Interest Amid Increased Trading Activity

Apr 22 2025 11:00 AM IST
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Max Healthcare Institute Ltd has seen a significant rise in open interest, reaching 38,027 contracts, alongside a trading volume of 19,704 contracts. The stock has outperformed its sector and is trading above key moving averages, although delivery volume has decreased, indicating varied investor participation.
Max Healthcare Institute Ltd (MAXHEALTH) has experienced a notable increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 38,027 contracts, up from the previous figure of 34,538, marking a change of 3,489 contracts or a 10.1% increase. The trading volume for the day reached 19,704 contracts, contributing to a futures value of approximately Rs 34,261.50 lakhs and an options value of around Rs 8,189.09 lakhs, bringing the total value to Rs 35,254.09 lakhs.

In terms of price performance, Max Healthcare has outperformed its sector by 3.3%, with the stock touching an intraday high of Rs 1,115, reflecting a gain of 3.91% for the day. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, it is noteworthy that delivery volume has decreased by 23.49% compared to the 5-day average, suggesting a decline in investor participation.

Overall, the increase in open interest alongside the stock's solid performance metrics highlights a significant day for Max Healthcare Institute in the Hospital & Healthcare Services sector.
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