Surge in Open Interest Signals Increased Activity in Power Grid's Futures Market

Aug 28 2025 02:00 PM IST
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Power Grid Corporation of India Ltd has seen a notable rise in open interest, reaching 67,201 contracts, alongside a trading volume of 21,986 contracts, indicating increased activity in its futures market. Despite recent price declines, the stock maintains a high dividend yield and strong liquidity.
Power Grid Corporation of India Ltd (POWERGRID) has experienced a significant increase in open interest (OI) today, reflecting heightened activity in its futures market. The latest OI stands at 67,201 contracts, marking an increase of 6,751 contracts or 11.17% from the previous OI of 60,450. This surge in OI comes alongside a trading volume of 21,986 contracts, indicating robust participation in the stock's derivatives market.

In terms of price performance, Power Grid has underperformed its sector by 0.41%, with a 1D return of -1.30%. The stock has been on a downward trajectory, experiencing consecutive declines over the past two days, resulting in a total drop of 2.71%. Currently, Power Grid is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging market position.

Despite these challenges, the stock maintains a high dividend yield of 3.18% and shows sufficient liquidity for trading, with a delivery volume of 1.72 crore on August 26, reflecting a 287.98% increase against the 5-day average. Overall, the notable rise in open interest highlights a shift in market dynamics for Power Grid Corporation of India, amidst its recent price performance challenges.
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