ICICI Lombard Sees Surge in Open Interest, Indicating Increased Market Activity
ICICI Lombard General Insurance Company Ltd has seen a notable rise in open interest, indicating increased trading activity. The stock has outperformed its sector and reached an intraday high, while trading volume and futures value reflect significant market engagement. Despite a minor decline in delivery volume, liquidity remains strong.
ICICI Lombard General Insurance Company Ltd (ICICIGI) has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 40,192 contracts, up from the previous 34,713, marking a change of 5,479 contracts or a 15.78% increase. The trading volume for the day reached 24,572 contracts, contributing to a futures value of approximately Rs 61,058.52 lakhs and an options value of around Rs 4,745 crore, bringing the total value to Rs 61,403.03 lakhs.In terms of price performance, ICICI Lombard has outperformed its sector by 2.06%, recovering after two consecutive days of decline. The stock reached an intraday high of Rs 1,787.50, reflecting a gain of 3.73%. The weighted average price indicates that more volume was traded closer to the low price, while the stock remains above its 5-day, 20-day, and 50-day moving averages, but below its 100-day and 200-day averages.
Despite a slight decline in delivery volume, which fell by 3.03% compared to the 5-day average, the stock maintains sufficient liquidity for trades up to Rs 2.42 crore. Overall, the notable increase in open interest highlights a shift in market dynamics for ICICI Lombard, underscoring the stock's current trading activity.
{{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
Most Read
