Nestle India Sees Surge in Open Interest Amid Increased Market Activity

Apr 02 2025 12:00 PM IST
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Nestle India Ltd has seen a notable rise in open interest, reaching 58,316 contracts, alongside a trading volume of 25,714 contracts, indicating increased market activity. The stock is trading near its 52-week low and has experienced consecutive losses, although delivery volume has significantly increased, suggesting heightened investor interest.
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 58,316 contracts, marking a 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 3.53% above the low of Rs 2,110. The stock has underperformed its sector, showing a decline of 2.14% today, and has faced consecutive losses over the past two days, with a total drop of 2.82%. The intraday low for the stock was recorded 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 increase in delivery volume, which rose by 53.99% compared to the five-day average, suggesting a rise in investor participation. Overall, Nestle India continues to navigate a complex market landscape, with its current metrics indicating a period of adjustment.
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