RBL Bank Sees 10.63% Surge in Open Interest Amid Mixed Trading Performance
RBL Bank Ltd has seen a significant rise in open interest, reaching 34,119 contracts, alongside a trading volume of 27,449 contracts. Despite trading near its 52-week high, the stock has underperformed its sector and experienced a decline in delivery volume, indicating changing market dynamics.
RBL Bank Ltd, a small-cap player in the private sector banking industry, has experienced a notable increase in open interest (OI) today. The latest OI stands at 34,119 contracts, reflecting a rise of 3,278 contracts or 10.63% from the previous OI of 30,841. This uptick in OI comes alongside a trading volume of 27,449 contracts, indicating active market participation.In terms of price performance, RBL Bank is currently trading close to its 52-week high, just 3.07% away from Rs 328.8. However, the stock has underperformed its sector by 2.5% today, with a 1D return of -1.65%. Over the past two days, the stock has seen a consecutive decline, losing 2.34% in returns. The intraday low reached Rs 313.9, marking a decrease of 3.31% from the previous close.
Despite these challenges, RBL Bank is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term upward trend. However, delivery volume has significantly decreased, falling by 84.36% against the 5-day average, indicating a decline in investor participation. Overall, the increase in open interest highlights a shift in market dynamics for RBL Bank, warranting close observation.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
