Nuvama Wealth Management Sees Surge in Open Interest Amid Increased Trading Activity

Aug 05 2025 03:00 PM IST
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Nuvama Wealth Management Ltd has seen a notable rise in open interest, reaching 2,922 contracts, alongside a trading volume of 10,115 contracts, indicating increased market activity. The stock has outperformed its sector, reversing a recent decline and demonstrating strong liquidity and a competitive dividend yield.
Nuvama Wealth Management Ltd (NUVAMA) has experienced a significant increase in open interest (OI) today, reflecting heightened trading activity. The latest OI stands at 2,922 contracts, a notable rise from the previous OI of 1,399 contracts, marking a change of 1,523 contracts or an impressive 108.86%. The trading volume for the day reached 10,115 contracts, indicating robust participation in the market.

In terms of price performance, Nuvama Wealth Management has outperformed its sector by 2.66%, reversing a three-day decline. The stock touched an intraday high of Rs 7,178, representing a gain of 4.34%. Currently, the stock is trading above its 100-day and 200-day moving averages, although it remains below the 5-day, 20-day, and 50-day moving averages.

The stock also boasts a high dividend yield of 3.06% at its current price, with a liquidity level sufficient for trades up to Rs 2.35 crore based on 2% of the 5-day average traded value. Overall, the surge in open interest and positive price movements highlight a dynamic trading environment for Nuvama Wealth Management.
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