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 40,620 contracts, marking a rise of 5,126 contracts or 14.44% from the previous open interest of 35,494. This surge coincides with a trading volume of 31,274 contracts, indicating robust market engagement.
In terms of price performance, Tata Consumer Products has underperformed its sector by 0.48%, with the stock experiencing a decline after four consecutive days of gains. The stock reached an intraday low of Rs 1,074.3, representing a decrease of 2.73%. The weighted average price suggests that more volume was traded closer to this low price point.

Despite the recent downturn, the stock remains above its 5-day, 20-day, and 200-day moving averages, although it is below the 50-day and 100-day moving averages. Additionally, the delivery volume has shown a notable increase of 11.16% compared to the 5-day average, indicating a rise in investor participation. With a market capitalization of Rs 1,08,443 crore, Tata Consumer Products continues to maintain a liquid trading environment, suitable for transactions of up to Rs 2.41 crore. Overall, the increase in open interest highlights a dynamic trading landscape for the stock.