Nestle India Sees Surge in Open Interest Amid Increased Trading Activity

Apr 02 2025 11:00 AM IST
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Nestle India Ltd has seen a significant rise in open interest, indicating increased trading activity, with 58,316 contracts reported. The stock is trading near its 52-week low and has underperformed its sector. However, delivery volume has surged, suggesting a shift in trading dynamics amid a challenging market environment.
Nestle India Ltd, a prominent player in the FMCG sector, has experienced a notable increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 58,316 contracts, marking a significant rise of 5,424 contracts or 10.25% from the previous open interest of 52,892. The trading volume for the day reached 25,714 contracts, indicating robust participation in the market.

In terms of price performance, Nestle India is currently trading close to its 52-week low, just 3.3% above the low of Rs 2,110. The stock has underperformed its sector, showing a decline of 1.97% compared to a sector drop of 0.55%. Over the past two days, the stock has faced consecutive losses, totaling a decline of 3.05%. Today, it touched an intraday low of Rs 2,148, reflecting a decrease of 3.85% at its lowest point.

Despite these challenges, there has been a rise in delivery volume, which increased by 53.99% against the five-day average, suggesting a shift in trading dynamics. Overall, Nestle India continues to navigate a complex market environment, with its liquidity remaining sufficient for trades around Rs 3.61 crore based on recent averages.
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