Nestle India Sees Surge in Open Interest Amidst Challenging Market Conditions

Apr 02 2025 01:00 PM IST
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Nestle India Ltd has seen a notable rise in open interest, reaching 59,118 contracts, alongside a trading volume of 36,129 contracts, indicating active participation in the derivatives market. Despite trading near its 52-week low and recent price declines, investor engagement has increased significantly. The company maintains a strong market capitalization.
Nestle India Ltd, a prominent player in the FMCG sector, has experienced a significant increase in open interest today, with the latest open interest recorded at 59,118 contracts, up from the previous 52,892 contracts. This marks a change of 6,226 contracts, reflecting an 11.77% increase. The trading volume for the day reached 36,129 contracts, indicating robust activity in the derivatives market.

In terms of price performance, Nestle India is currently trading close to its 52-week low, just 4.41% above the low of Rs 2,110. The stock has underperformed its sector, showing a decline of 1.48% today, while the sector itself saw a slight gain of 0.12%. Over the past two days, the stock has faced consecutive losses, totaling a drop of 1.92%. The intraday low was noted at Rs 2,148, reflecting a decrease of 3.85% at one point during the trading session.

Despite these challenges, there has been a notable rise in investor participation, with delivery volume increasing by 53.99% compared to the five-day average. Nestle India continues to maintain a market capitalization of Rs 2,12,210.99 crore, positioning it firmly within the large-cap category. Overall, the increase in open interest amidst a challenging trading environment highlights the dynamic nature of Nestle India's market activity.
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