Oberoi Realty's Open Interest Rises 18.41% to 27,577 Contracts Amid Increased Trading Activity

Oberoi Realty Ltd has experienced a significant increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 27,577 contracts, up from the previous 23,289 contracts, marking a change of 4,288 contracts or an 18.41% increase. This surge in open interest coincides with a trading volume of 101,153 contracts, indicating robust market engagement.
In terms of price performance, Oberoi Realty has outperformed its sector by 3.22%, with the stock gaining 4.88% on the day. It opened with a notable gain of 4.6% and reached an intraday high of Rs 1,695.7, reflecting a 5.89% increase. The stock has shown consistent performance over the last two days, accumulating a total return of 6.95% during this period.

Additionally, the stock's delivery volume on October 15 was recorded at 229,000 shares, which is a 14.21% increase compared to the five-day average. This suggests a solid level of liquidity, with the stock being liquid enough for a trade size of Rs 1.17 crore. Overall, the notable rise in open interest and positive price movements highlight a dynamic trading environment for Oberoi Realty.