Nuvama Wealth Management Sees Significant Open Interest Surge Amid Active Market Participation
Nuvama Wealth Management Ltd has seen a notable rise in open interest, reaching 4,226 contracts, alongside a trading volume of 3,549 contracts. The company has outperformed its sector and is trading above key moving averages, despite a decline in delivery volume compared to recent averages.
Nuvama Wealth Management Ltd, a small-cap player in the capital markets sector, has experienced a significant increase in open interest today. The latest open interest stands at 4,226 contracts, reflecting a rise of 521 contracts or 14.06% from the previous open interest of 3,705. This uptick in open interest comes alongside a trading volume of 3,549 contracts, indicating active participation in the market.In terms of performance, Nuvama has outperformed its sector by 0.92% today, marking a consecutive gain over the last two days with a total return of 1.21% during this period. The stock is currently trading above its 100-day and 200-day moving averages, although it remains below the 5-day, 20-day, and 50-day moving averages.
Despite this positive momentum, there has been a notable decline in investor participation, with delivery volume dropping by 47.01% compared to the 5-day average. The liquidity remains adequate for trades, with a market cap of Rs 24,786 crore. Overall, the increase in open interest highlights a notable shift in market dynamics for Nuvama Wealth Management, reflecting current trading activity without indicating future trends.
{{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
