Surge in Open Interest Signals Increased Activity in Nuvama Wealth Management Stock
Nuvama Wealth Management Ltd has seen a significant rise in open interest, reaching 11,359 contracts, alongside a trading volume of 15,480 contracts, indicating increased activity in the derivatives market. Despite recent price declines, the stock remains liquid, with delivery volume notably higher than the five-day average.
Nuvama Wealth Management Ltd, a small-cap player in the capital markets sector, has experienced a notable increase in open interest (OI) today. The latest OI stands at 11,359 contracts, reflecting a rise of 1,388 contracts or 13.92% from the previous OI of 9,971. This surge in OI comes alongside a trading volume of 15,480 contracts, indicating heightened activity in the derivatives market.In terms of price performance, Nuvama has underperformed its sector by 1.37%, with the stock recording a 1D return of -1.34%. Over the past two days, the stock has seen a consecutive decline, totaling a drop of 2.57%. The intraday low reached Rs 6,701.5, marking a decrease of 2.61% from the previous close. Notably, the weighted average price suggests that more volume was traded closer to this low price.
Despite these challenges, the stock remains liquid, with a delivery volume of 75.27k on August 18, which has increased by 60.6% compared to the five-day average. Overall, the increase in open interest amid fluctuating prices highlights the dynamic nature of trading in Nuvama Wealth Management Ltd.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
