Nestle India Sees Surge in Open Interest Amidst Challenging Price Environment

Apr 02 2025 03:00 PM IST
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Nestle India Ltd has seen a notable rise in open interest, reaching 59,402 contracts, alongside a trading volume of 43,298 contracts. Despite trading near its 52-week low and experiencing a decline, delivery volume increased significantly, suggesting heightened investor engagement amid challenging market conditions.
Nestle India Ltd, a prominent player in the FMCG sector, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 59,402 contracts, marking a rise of 6,510 contracts or 12.31% from the previous open interest of 52,892. The trading volume for the day reached 43,298 contracts, contributing to a futures value of approximately Rs 43,473.35 lakhs.

In terms of price performance, Nestle India is currently trading close to its 52-week low, just 4.76% above the low of Rs 2,110. The stock has underperformed its sector by 1.45% today, continuing a downward trend with a 1.57% decline over the past two days. The intraday low was recorded at Rs 2,148, reflecting a decrease of 3.85% from the previous close.

Despite these challenges, there has been a notable increase in delivery volume, which rose by 53.99% compared to the five-day average, indicating a rise in investor participation. Overall, Nestle India’s trading dynamics today highlight a complex interplay of increased open interest amid a challenging price environment.
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