Surge in Open Interest Signals Increased Trading Activity for Kotak Mahindra Bank

Apr 21 2025 03:00 PM IST
share
Share Via
Kotak Mahindra Bank Ltd has seen a notable rise in open interest, indicating increased trading activity, with current figures reaching 135,745 contracts. The stock also achieved a new 52-week high and demonstrated strong price performance, reflecting robust market engagement and solidifying its position in the private banking sector.
Kotak Mahindra Bank Ltd (KOTAKBANK) has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 135,745 contracts, up from the previous figure of 120,044, marking a change of 15,701 contracts or a 13.08% increase. The trading volume for the day reached 193,922 contracts, indicating robust market engagement.

In terms of price performance, Kotak Mahindra Bank hit a new 52-week high of Rs 2,261.2, representing a 3.34% increase during the trading session. The stock has shown consistent upward momentum, gaining 8.92% over the past five days and outperforming its sector by 0.75%. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong bullish trend.

The liquidity of the stock remains favorable, with a delivery volume of 34.78 lakh shares on April 17, which is 17.45% higher than the 5-day average. With a market capitalization of Rs 4,40,153 crore, Kotak Mahindra Bank continues to solidify its position in the private banking sector. Overall, the notable rise in open interest and strong price performance underscores the stock's active trading environment.
{{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