PNB Housing Finance Sees Surge in Open Interest Amid Increased Trading Activity

Apr 29 2025 11:00 AM IST
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PNB Housing Finance Ltd has seen a significant rise in open interest, reaching 11,595 contracts, alongside a trading volume of 27,345 contracts. The stock has outperformed its sector, gaining 7.65% over two days, although investor participation has declined, with delivery volume down 39.07% from the average.
PNB Housing Finance Ltd has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 11,595 contracts, a notable rise from the previous open interest of 7,276 contracts, marking a change of 4,319 contracts or a percentage increase of 59.36%. The trading volume for the day reached 27,345 contracts, contributing to a futures value of approximately Rs 30,332.76 lakhs.

In terms of price performance, PNB Housing Finance has outperformed its sector by 4.09%, with the stock gaining 7.65% over the last two days. Today, it opened with a gain of 7.48% and reached an intraday high of Rs 1,084.85, reflecting a 10% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Despite this positive momentum, there has been a decline in investor participation, with delivery volume dropping by 39.07% compared to the 5-day average. Overall, PNB Housing Finance's notable increase in open interest and strong price performance highlights its current market position within the finance and housing sector.
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