Tata Steel Sees Significant Open Interest Surge Amidst Increased Trading Activity

May 14 2025 01:00 PM IST
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Tata Steel Ltd has reported a notable rise in open interest, reaching 92,543 contracts, alongside a trading volume of 148,862 contracts. The stock has outperformed its sector and demonstrated strong price performance, with increased delivery volume indicating heightened trading activity and robust liquidity in the market.
Tata Steel Ltd, a prominent player in the Steel/Sponge Iron/Pig Iron industry, has experienced a significant increase in open interest today. The latest open interest stands at 92,543 contracts, reflecting a rise of 9,461 contracts or 11.39% from the previous open interest of 83,082. This surge in open interest coincides with a trading volume of 148,862 contracts, indicating heightened activity in the stock.

In terms of price performance, Tata Steel has outperformed its sector by 1.92%, reaching an intraday high of Rs 157.15, which marks a 5.17% increase for the day. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. The Steel/Sponge Iron/Pig Iron sector itself has gained 2.07% today.

Additionally, Tata Steel has seen a notable rise in delivery volume, with 2.33 crore shares delivered on May 13, reflecting a 55.1% increase compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of Rs 3.84 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest and strong trading metrics highlight a dynamic trading environment for Tata Steel.
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