Tata Consumer Products Sees Surge in Open Interest Amid Increased Trading Activity

Tata Consumer Products Ltd, a prominent player in the FMCG sector, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 42,539 contracts, marking an increase of 4,670 contracts or 12.33% from the previous open interest of 37,869. This surge in open interest coincides with a trading volume of 17,545 contracts, indicating robust market engagement.
In terms of financial metrics, Tata Consumer Products has demonstrated a solid performance today, outperforming its sector by 0.43%. The stock has maintained its position above the 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average. Despite this positive performance, the stock has not seen any recent gains, with a 0% return over the last period.

The liquidity of Tata Consumer Products remains favorable, with a delivery volume of 2.29 lakh shares on August 21, reflecting a decline of 45.42% against the 5-day average delivery volume. The total futures value is reported at Rs 59,850.19 lakhs, while the underlying value is at Rs 1,091. Overall, the notable increase in open interest highlights a dynamic trading environment for Tata Consumer Products, underscoring the stock's active market presence.