SBI Life Insurance Sees 17.06% Surge in Open Interest, Reaching 36,533 Contracts
SBI Life Insurance Company Ltd has seen a significant rise in open interest in its derivatives market, reaching 36,533 contracts. The stock is trading near its 52-week high, despite a slight decline today. Investor participation has decreased, with delivery volume down compared to the recent average.
SBI Life Insurance Company Ltd (SBILIFE) has experienced a notable increase in open interest today, reflecting heightened activity in its derivatives market. The latest open interest stands at 36,533 contracts, marking a significant rise of 5,324 contracts or 17.06% from the previous open interest of 31,209. The trading volume for the day reached 25,929 contracts, contributing to a total futures value of approximately Rs 63,204.57 lakhs.In terms of price performance, SBI Life is currently trading close to its 52-week high, just 3.41% away from Rs 1,912. Despite this proximity to its peak, the stock has shown a slight decline of 0.33% today, which is in line with the sector's performance, as the broader insurance industry also recorded a similar drop of 0.35%. The stock has been trading within a narrow range of Rs 16 and remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
However, it is worth noting that investor participation has decreased, with delivery volume falling by 34.81% compared to the 5-day average. Overall, SBI Life Insurance Company continues to maintain a strong market position within the large-cap insurance sector, with a market capitalization of Rs 1,85,134.21 crore.
{{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
