Surge in Open Interest Signals Shifting Market Dynamics for United Spirits Ltd.

May 21 2025 12:00 PM IST
share
Share Via
United Spirits Ltd has seen a notable rise in open interest, reaching 50,064 contracts, alongside a trading volume of 70,413 contracts. Despite a recent decline in stock price, it remains above key moving averages, indicating ongoing market activity and evolving trading patterns. Investor participation has decreased, with delivery volume down significantly.
United Spirits Ltd, a prominent player in the beverages industry, has experienced a significant increase in open interest today. The latest open interest stands at 50,064 contracts, reflecting a rise of 4,797 contracts or 10.6% from the previous open interest of 45,267. This uptick coincides with a trading volume of 70,413 contracts, indicating active participation in the futures market.

In terms of price performance, United Spirits has underperformed its sector by 0.43%, with the stock experiencing a decline after four consecutive days of gains. The stock reached an intraday low of Rs 1,501.7, marking a decrease of 3.53%. Despite this, the stock remains above its 5-day, 50-day, 100-day, and 200-day moving averages, although it is currently below the 20-day moving average.

Investor participation has shown signs of decline, with delivery volume dropping by 20.07% compared to the 5-day average. Nevertheless, the stock maintains adequate liquidity, with a trade size of Rs 0.73 crore based on 2% of the 5-day average traded value. Overall, the notable increase in open interest highlights a shift in market dynamics for United Spirits, reflecting evolving trading patterns.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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