Surge in Open Interest Signals Increased Activity in PNB Housing Finance Stock

May 02 2025 12:00 PM IST
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PNB Housing Finance Ltd has seen a significant rise in open interest, reaching 16,357 contracts, alongside a trading volume of 36,403 contracts. The stock opened higher, outperforming its sector and trading above key moving averages, indicating strong market engagement and healthy liquidity.
PNB Housing Finance Ltd, a prominent player in the finance and housing sector, has experienced a significant increase in open interest today. The latest open interest stands at 16,357 contracts, reflecting a notable rise of 2,670 contracts or 19.51% from the previous open interest of 13,687. This surge coincides with a trading volume of 36,403 contracts, indicating robust activity in the derivatives market.

In terms of price performance, PNB Housing Finance opened with a gain of 6.03%, reaching an intraday high of Rs 1,088, which marks a 7.7% increase for the day. The stock has outperformed its sector by 2.96%, showcasing its strong market position. Additionally, PNB Housing 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 movement.

The liquidity of the stock remains healthy, with a delivery volume of 11.08 lakh shares on April 30, reflecting an 18.9% increase compared to the 5-day average. Overall, the notable rise in open interest and strong trading metrics highlight the active engagement in PNB Housing Finance's stock today.
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