Surge in Open Interest Signals Increased Activity for PB Fintech in Derivatives Market
PB Fintech Ltd has seen a significant rise in open interest, reaching 36,221 contracts, alongside a trading volume of 19,496 contracts, indicating increased activity in the derivatives market. The stock is trading above key moving averages and has shown improved liquidity, with a market capitalization of approximately Rs 81,663 crore.
PB Fintech Ltd, a prominent player in the Financial Technology (Fintech) sector, has experienced a notable increase in open interest (OI) today. The latest OI stands at 36,221 contracts, reflecting a rise of 3,687 contracts or 11.33% from the previous OI of 32,534. This surge in OI comes alongside a trading volume of 19,496 contracts, indicating heightened activity in the derivatives market.In terms of price performance, PB Fintech has outperformed its sector by 0.34%, despite a slight decline of 0.33% in its stock price today. The stock reached an intraday low of Rs 1,750.6, marking a decrease of 2.11%. Notably, PB Fintech is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price trajectory.
Additionally, the stock has shown increased liquidity, with a delivery volume of 11.24 lakh shares on May 26, up by 31.33% compared to the 5-day average. The total market capitalization of PB Fintech is approximately Rs 81,663 crore, positioning it firmly within the large-cap category. Overall, the increase in open interest and trading activity highlights a significant moment for PB Fintech in the current market 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
