Tata Technologies Sees Surge in Open Interest Amidst Market Activity Shift
Tata Technologies Ltd has seen a notable rise in open interest, reaching 31,307 contracts, alongside a trading volume of 32,022 contracts, indicating increased activity in the derivatives market. Despite this, the stock has underperformed its sector and experienced a decline over the past two days, with reduced delivery volume.
Tata Technologies Ltd, a prominent player in the Computers - Software & Consulting industry, has experienced a significant increase in open interest today. The latest open interest stands at 31,307 contracts, marking a notable rise of 6,625 contracts or 26.84% from the previous open interest of 24,682. This surge coincides with a trading volume of 32,022 contracts, indicating heightened activity in the derivatives market.Despite this uptick in open interest, Tata Technologies has underperformed its sector, recording a 1D return of -0.98%, while the sector itself saw a slight gain of 0.16%. The stock has been on a downward trend, having fallen for the last two consecutive days, resulting in a total decline of 1.72% during this period.
In terms of moving averages, the stock is currently above its 20-day, 50-day, and 100-day averages but below its 5-day and 200-day averages. Additionally, delivery volume has seen a significant drop, falling by 70.3% compared to the 5-day average, indicating a decrease in investor participation.
Overall, the increase in open interest for Tata Technologies reflects a shift in market dynamics, even as the stock grapples with recent performance challenges.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
