SBI Life Insurance Sees Surge in Open Interest Amid Active Trading Environment
SBI Life Insurance Company Ltd has seen a notable rise in open interest, reaching 64,841 contracts, alongside a trading volume of 29,296 contracts. Despite a slight decline in stock price, it remains above key moving averages, indicating active market engagement and a dynamic trading environment.
SBI Life Insurance Company Ltd (SBILIFE) has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 64,841 contracts, marking a rise of 6,946 contracts or 12.0% from the previous open interest of 57,895. The trading volume for the day reached 29,296 contracts, contributing to a futures value of approximately Rs 86,547.26 lakhs and an options value of Rs 11,260.31 crores, bringing the total value to Rs 87,245.73 lakhs.In terms of price performance, SBI Life has outperformed its sector by 0.49%, although it has recorded a slight decline of 0.13% over the last day. The stock has been trading within a narrow range of Rs 15.6 and is currently positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, it is noteworthy that delivery volume has decreased by 12.43% compared to the 5-day average, indicating a decline in investor participation.
Overall, the increase in open interest alongside the stock's performance metrics highlights a dynamic trading environment for SBI Life Insurance Company, reflecting ongoing market engagement.
{{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
