Surge in Open Interest for PB Fintech Signals Dynamic Market Activity Amidst Trading Challenges
PB Fintech Ltd has seen a significant rise in open interest, reaching 33,527 contracts today, alongside a trading volume of 18,228 contracts. Despite this increase, the stock has underperformed its sector and experienced a decline in delivery volume, indicating shifts in investor participation amid a challenging trading environment.
PB Fintech Ltd, operating in the Finance/NBFC sector, has experienced a notable increase in open interest today, with the latest open interest recorded at 33,527 contracts, up from the previous 28,892 contracts. This represents a change of 4,635 contracts, or a 16.04% increase. The trading volume for the day reached 18,228 contracts, contributing to a futures value of approximately Rs 58,636 lakhs and an options value of around Rs 4,053,861,646 lakhs, bringing the total value to Rs 59,159 lakhs.In terms of price performance, PB Fintech has underperformed its sector by 2.33%, following a trend reversal after six consecutive days of gains. The stock touched an intraday low of Rs 1,628, reflecting a decline of 3.9%. The weighted average price indicates that more volume was traded closer to this low price point. While the stock remains above its 5-day, 20-day, and 50-day moving averages, it is currently below its 100-day and 200-day moving averages. Additionally, delivery volume has decreased by 21.75% compared to the 5-day average, indicating a decline in investor participation.
In summary, PB Fintech's significant rise in open interest amidst a challenging trading day highlights the dynamic nature of its market activity, reflecting ongoing developments within the company and the broader financial landscape.
{{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
