Steel Authority of India Ltd. Sees 15.39% Surge in Open Interest Amid Increased Trading Activity

Oct 29 2025 10:01 AM IST
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Steel Authority of India Ltd. (SAIL) has seen a notable rise in open interest, reaching 72,183 contracts, alongside a trading volume of 37,615 contracts. The stock is performing strongly, trading near its 52-week high and showing significant gains over recent days, indicating robust market activity.
Steel Authority of India Ltd. (SAIL) has experienced a significant increase in open interest today, reflecting heightened trading activity in the ferrous metals sector. The latest open interest stands at 72,183 contracts, marking a notable rise of 9,629 contracts or 15.39% from the previous open interest of 62,554. The trading volume for the day reached 37,615 contracts, contributing to a futures value of approximately Rs 203,022 lakhs.

In terms of price performance, SAIL is currently trading just 0.71% away from its 52-week high of Rs 139.98, having touched an intraday high of Rs 139.33, which represents a 5.43% increase for the day. The stock has outperformed its sector by 3.28% and has shown a consistent upward trend, gaining 7.46% over the past four days. Additionally, SAIL is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance trajectory.

With a market capitalization of Rs 54,647 crore, SAIL continues to demonstrate robust liquidity, with a delivery volume of 3.2 crore on October 28, reflecting a 625.6% increase against the 5-day average. This surge in open interest and trading volume underscores the stock's active engagement in the market.
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