RBL Bank Sees Surge in Open Interest Amid Increased Trading Activity

May 29 2025 01:00 PM IST
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RBL Bank Ltd has seen a notable rise in open interest, reaching 44,503 contracts, alongside a trading volume of 42,553 contracts. The bank's stock has outperformed its sector and is trading above key moving averages, indicating strong market engagement and liquidity with a market capitalization of Rs 12,985.33 crore.
RBL Bank Ltd, a prominent player in the private sector banking industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 44,503 contracts, marking an increase of 8,569 contracts or 23.85% from the previous open interest of 35,934. This surge coincides with a trading volume of 42,553 contracts, indicating robust market engagement.

In terms of performance, RBL Bank has outperformed its sector by 3.21%, with the stock reaching an intraday high of Rs 214.2, representing a 3.23% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in its price trajectory. Additionally, the delivery volume has seen a remarkable rise, with 73.99 lakh shares traded on May 28, reflecting a 99.58% increase compared to the 5-day average.

With a market capitalization of Rs 12,985.33 crore, RBL Bank continues to demonstrate liquidity, supporting a trade size of Rs 3.85 crore based on 2% of the 5-day average traded value. This notable activity in open interest and trading volume underscores the dynamic nature of RBL Bank's market position today.
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