Surge in Open Interest Signals Shift in Market Dynamics for Page Industries

Sep 18 2025 02:00 PM IST
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Page Industries Ltd has seen a notable rise in open interest, reaching 26,558 contracts, alongside a trading volume of 29,125 contracts, indicating increased activity in the derivatives market. Despite this, the stock has underperformed its sector and is currently trading below key moving averages, reflecting a bearish trend.
Page Industries Ltd, a prominent player in the Garments & Apparels sector, has experienced a significant increase in open interest today. The latest open interest stands at 26,558 contracts, reflecting a rise of 5,833 contracts or 28.14% from the previous open interest of 20,725. This uptick coincides with a trading volume of 29,125 contracts, indicating heightened activity in the derivatives market.

Despite this surge in open interest, Page Industries has underperformed its sector, with a 1D return of -2.41%, compared to the sector's decline of 1.34%. The stock has faced a trend reversal, falling after three consecutive days of gains, and reached an intraday low of Rs 44,095, marking a decrease of 2.78%. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.

Investor participation has also seen a decline, with delivery volume dropping by 9.87% against the 5-day average. Nevertheless, the stock remains liquid enough for trades sized at Rs 1.27 crore, based on 2% of the 5-day average traded value. Overall, the notable increase in open interest highlights a shift in market dynamics for Page Industries, amidst a challenging trading environment.
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