SBI Cards Sees 18.87% Surge in Open Interest Amid Increased Trading Activity

Oct 24 2025 03:01 PM IST
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SBI Cards & Payment Services Ltd has seen a notable rise in open interest, reaching 49,771 contracts, alongside a trading volume of 84,658 contracts. Despite this increase, the stock has underperformed its sector and experienced a decline over the past three days, indicating a complex trading environment.
SBI Cards & Payment Services Ltd (SBICARD) has experienced a significant increase in open interest today, reflecting notable activity in the stock. The latest open interest stands at 49,771 contracts, up from the previous open interest of 41,869 contracts, marking a change of 7,902 contracts or an 18.87% increase. The trading volume for the day reached 84,658 contracts, contributing to a total futures value of approximately Rs 189,772.59 lakhs.

Despite this surge in open interest, the stock has underperformed its sector, showing a decline of 0.31% today, while the broader market, represented by the Sensex, fell by 0.54%. Over the past three days, SBICARD has seen a consecutive decline, with a total drop of 2.21%. The stock touched an intraday low of Rs 890.75, reflecting a decrease of 4.08% at its lowest point.

In terms of liquidity, the stock remains accessible for trading, with a delivery volume of 8.21 lakh shares on October 23, which is a substantial increase of 130.19% compared to the five-day average. Overall, the notable rise in open interest amidst recent price declines highlights the dynamic nature of trading in SBI Cards & Payment Services.
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