Tata Technologies Sees Surge in Open Interest Amid Increased Trading Activity

May 16 2025 12:00 PM IST
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Tata Technologies Ltd has seen a significant rise in open interest, reaching 39,940 contracts, alongside a trading volume of 36,684 contracts. The stock has outperformed its sector and demonstrated a consistent upward trend over the past six days, despite a slight decline in delivery volume.
Tata Technologies Ltd (TATATECH) has experienced a notable increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 39,940 contracts, marking an increase of 3,782 contracts or 10.46% from the previous open interest of 36,158. The trading volume for the day reached 36,684 contracts, contributing to a total futures value of approximately Rs 36,302.74 lakhs and an options value of Rs 15,712.83 lakhs, culminating in a total value of Rs 40,025.82 lakhs.

In terms of price performance, Tata Technologies has outperformed its sector by 3.9%, with the stock gaining 3.49% today. Over the past six days, the stock has shown a consistent upward trend, accumulating a total return of 13.37%. The stock reached an intraday high of Rs 743.85, reflecting a 3.31% increase. While the stock's moving averages indicate it is above the 5-day, 20-day, and 50-day averages, it remains below the 100-day and 200-day averages.

Despite a slight decline in delivery volume, which fell by 3.35% against the 5-day average, Tata Technologies maintains sufficient liquidity for trading activities. Overall, the increase in open interest and solid performance metrics highlight the stock's current market dynamics.
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