PNB Housing Finance Sees 17.16% Surge in Open Interest, Reaching 47,631 Contracts

PNB Housing Finance Ltd, a small-cap player in the housing finance sector, has experienced a significant increase in open interest today. The latest open interest stands at 47,631, marking a rise of 6,978 from the previous open interest of 40,653, which translates to a percentage change of 17.16%. The trading volume for the day reached 40,277, contributing to a futures value of approximately Rs 78.65 crore and an options value of around Rs 16,597.52 crore, bringing the total value to Rs 81.58 crore.
In terms of price performance, PNB Housing Finance has outperformed its sector by 1.48%, with the stock gaining 10.29% over the last five days. Today, it reached an intraday high of Rs 933, reflecting a 2.83% increase. The stock is currently trading above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average. Notably, the delivery volume on October 24 surged by 152.04% compared to the 5-day average, indicating rising investor participation.

Overall, the notable spurt in open interest and robust trading activity highlights the dynamic movements within PNB Housing Finance, reflecting its current market position and performance metrics.