FSN E-Commerce Ventures Sees Surge in Open Interest Amid Dynamic Trading Environment

Mar 25 2025 03:01 PM IST
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FSN E-Commerce Ventures Ltd, trading as NYKAA, has seen a significant rise in open interest, indicating increased trading activity. The stock's price performance has shown fluctuations, with a recent intraday high and low. Despite being above several moving averages, it remains below the longer-term averages, reflecting a complex trading landscape.
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 20,488 contracts, up from the previous 17,658, marking a change of 2,830 contracts or a 16.03% increase. The trading volume for the day reached 15,274 contracts, contributing to a total futures value of approximately Rs 49.95 crore.

In terms of price performance, NYKAA has underperformed its sector by 2.43%, following a trend reversal after three consecutive days of gains. The stock reached an intraday high of Rs 177.2, representing a 2.28% increase, while it dipped to a low of Rs 169.34, reflecting a decrease of 2.26%. The weighted average price indicates that more volume was traded closer to the lower end of the price range.

Despite being above the 5-day, 20-day, and 50-day moving averages, the stock remains below the 100-day and 200-day moving averages. Additionally, delivery volume has decreased significantly, falling by 46.22% compared to the 5-day average. Overall, FSN E-Commerce Ventures Ltd continues to navigate a dynamic trading environment within the FMCG sector.
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