Surge in Open Interest Signals Increased Market Activity for Persistent Systems Ltd

Aug 22 2025 02:00 PM IST
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Persistent Systems Ltd has seen a significant rise in open interest, reaching 53,339 contracts, alongside a trading volume of 47,461 contracts. The stock has outperformed its sector and demonstrated consistent gains over the past four days, despite a decline in delivery volume. This indicates increased market activity.
Persistent Systems Ltd, a mid-cap player in the Computers - Software & Consulting industry, has experienced a notable increase in open interest today. The latest open interest stands at 53,339 contracts, reflecting a rise of 5,065 contracts or 10.49% from the previous open interest of 48,274. This surge in open interest comes alongside a trading volume of 47,461 contracts, indicating active participation in the stock.

In terms of performance, Persistent Systems has outperformed its sector by 1.19% today, with a 1D return of 0.51%. The stock has shown consistent gains over the past four days, accumulating a total return of 2.81% during this period. While the stock is currently trading above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages.

Despite a decline in delivery volume, which has fallen by 30.11% compared to the 5-day average, the stock maintains sufficient liquidity for trades up to Rs 4.93 crore, based on 2% of the 5-day average traded value. Overall, the increase in open interest highlights a significant shift in market dynamics for Persistent Systems, reflecting heightened activity in its trading environment.
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