FSN E-Commerce Ventures Sees Surge in Open Interest Amid Increased Trading Activity

Mar 28 2025 02:00 PM IST
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FSN E-Commerce Ventures Ltd, trading as NYKAA, has seen a significant rise in open interest, reaching 13,007 contracts. The trading volume for the day was 6,175 contracts, with notable price performance, including an intraday high of Rs 179.35. However, delivery volume has decreased compared to recent averages.
FSN E-Commerce Ventures Ltd, trading under the symbol NYKAA, has experienced a notable increase in open interest today, reflecting heightened activity in the stock. The latest open interest stands at 13,007 contracts, up from the previous 11,383 contracts, marking a change of 1,624 contracts or a 14.27% increase. The trading volume for the day reached 6,175 contracts, contributing to a total futures value of approximately Rs 9,582 lakhs and an options value of around Rs 2,351.68 crores.

In terms of price performance, NYKAA has outperformed its sector by 1.6%, with the stock gaining 5.39% over the last three days. Today, it reached an intraday high of Rs 179.35, reflecting a 2.75% increase. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Notably, delivery volume has decreased by 21.53% compared to the 5-day average, indicating a decline in investor participation.

In summary, FSN E-Commerce Ventures Ltd is witnessing significant activity in open interest alongside a positive price trend, highlighting the stock's current market dynamics.
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