Oracle Financial Services Software Sees Significant Surge in Open Interest Amid Increased Trading Activity
Oracle Financial Services Software Ltd has seen a significant rise in open interest, reaching 33,243 contracts, alongside a trading volume of 140,785. The stock has outperformed its sector and is currently trading above several moving averages, indicating strong market engagement and a solid position in the mid-cap software industry.
Oracle Financial Services Software Ltd (OFSS) has experienced a significant increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 33,243 contracts, a notable rise from the previous open interest of 19,185 contracts, marking a change of 14,058 contracts or 73.28%. This surge coincides with a trading volume of 140,785, indicating robust market engagement.In terms of price performance, Oracle Financial Services Software has outperformed its sector by 4.99%, with the stock gaining 9.29% over the past three days. Today, it opened with a gain of 5.94% and reached an intraday high of Rs 9,137, reflecting an increase of 8.61%. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.
The IT - Software sector has also shown positive momentum, gaining 2.6% today. Despite a decline in delivery volume by 13.62% compared to the 5-day average, the stock maintains a high dividend yield of 3.15%. With a market capitalization of Rs 78,768 crore, Oracle Financial Services Software continues to demonstrate its position in the mid-cap segment of the software products industry. Overall, the notable increase in open interest highlights a dynamic trading environment for the stock.
{{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
