Nuvama Wealth Management Sees Surge in Open Interest Amidst Market Challenges

Aug 29 2025 03:00 PM IST
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Nuvama Wealth Management Ltd has seen a significant rise in open interest, reaching 3,362 contracts, alongside a trading volume of 2,636 contracts. Despite this increase, the stock has underperformed its sector and is on a downward trend, trading below key moving averages. The company's market capitalization is around Rs 23,584 crore.
Nuvama Wealth Management Ltd, a small-cap player in the capital markets industry, has experienced a notable increase in open interest (OI) today. The latest OI stands at 3,362 contracts, reflecting a rise of 374 contracts or 12.52% from the previous OI of 2,988. This uptick in OI comes alongside a trading volume of 2,636 contracts, indicating active participation in the market.

Despite this increase in open interest, Nuvama's stock has underperformed its sector by 1.13% today, with a 1D return of -1.47%. The stock has been on a downward trend, losing value for four consecutive days, resulting in a total decline of 7.59% during this period. Additionally, Nuvama is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging market position.

The liquidity of the stock remains adequate, with a delivery volume of 41.95k on August 28, which has decreased by 42.74% compared to the 5-day average. The total market capitalization of Nuvama Wealth Management is approximately Rs 23,584 crore. Overall, the increase in open interest highlights a shift in market dynamics, even as the stock grapples with recent performance challenges.
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