Phoenix Mills Sees Surge in Open Interest Amid Ongoing Market Challenges

Jul 31 2025 02:00 PM IST
share
Share Via
Phoenix Mills Ltd. has seen a significant rise in open interest, reaching 20,093 contracts, alongside a trading volume of 6,247 contracts. Despite this uptick, the stock has underperformed its sector and is experiencing a bearish trend, trading below multiple moving averages.
Phoenix Mills Ltd. has experienced a notable increase in open interest today, reflecting a shift in market dynamics. The latest open interest stands at 20,093 contracts, up from the previous 18,126, marking a change of 1,967 contracts or a percentage increase of 10.85%. The trading volume for the day reached 6,247 contracts, contributing to a futures value of approximately Rs 21,171.09 lakhs and an options value of Rs 1,181,012.045 lakhs, bringing the total value to Rs 21,283.27 lakhs. The underlying value of the stock is reported at Rs 1,478.

Despite this increase in open interest, Phoenix Mills has underperformed its sector by 1.06% today, with the stock declining for the fourth consecutive day, resulting in a total drop of 3.06% over this period. The stock touched an intraday low of Rs 1,469.2, reflecting a decrease of 2.17%. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

In summary, while the rise in open interest suggests increased trading activity, the overall performance metrics indicate challenges for Phoenix Mills in the current market environment.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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