Oberoi Realty Ltd Sees 22.26% Surge in Open Interest Amid Increased Trading Activity

Oberoi Realty Ltd, a prominent player in the realty sector, has experienced a significant increase in open interest today, signaling heightened activity in its futures market. The latest open interest stands at 28,472 contracts, up from the previous 23,289, marking a change of 5,183 contracts or a 22.26% increase. This surge coincides with a trading volume of 68,970 contracts, reflecting robust market engagement.
In terms of price performance, Oberoi Realty has outperformed its sector by 3.34%, with the stock gaining 4.51% today. It opened with a notable gain of 4.6% and reached an intraday high of Rs 1,695.7, representing a 5.89% increase. The stock has shown consistent upward momentum, having gained 6.3% over the last two days.

Additionally, the stock's liquidity remains strong, with a delivery volume of 229,000 shares on October 15, reflecting a 14.21% increase compared to the five-day average. Oberoi Realty's market capitalization is currently Rs 60,380 crore, placing it firmly in the mid-cap category. Overall, the notable rise in open interest and positive price movements underscore a dynamic trading environment for Oberoi Realty.