Surge in Open Interest Signals Shift in Market Dynamics for Oil India Ltd.

Mar 25 2025 01:00 PM IST
share
Share Via
Oil India Ltd. has seen a substantial rise in open interest, reaching 27,096 contracts, alongside a trading volume of 16,212 contracts. Despite this increase, the stock has underperformed its sector and experienced a decline after a series of gains, with decreased delivery volume indicating reduced investor participation.
Oil India Ltd. has experienced a significant increase in open interest today, with the latest open interest (OI) reported at 27,096 contracts, up from the previous OI of 17,712 contracts. This marks a notable change of 9,384 contracts, representing a percentage increase of 52.98%. The trading volume for the day stood at 16,212 contracts, contributing to a futures value of approximately Rs 50,934.30 lakhs.

In terms of price performance, Oil India Ltd. has underperformed its sector by 2.32%, with the stock falling after a streak of seven consecutive gains. The stock reached an intraday low of Rs 383.80, reflecting a decline of 3.59%. The weighted average price indicates that more volume was traded closer to this low price point. While the stock remains above its 20-day moving averages, it is currently below the 5-day, 50-day, 100-day, and 200-day moving averages.

Additionally, the stock's delivery volume has decreased by 38.34% compared to the five-day average, indicating a decline in investor participation. With a market capitalization of Rs 62,551.20 crore, Oil India Ltd. continues to maintain a high dividend yield of 3.14%. Overall, the notable increase in open interest highlights a shift in market dynamics for the stock, amidst a backdrop of fluctuating performance metrics.
{{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
Oil India Ltd. is Rated Sell by MarketsMOJO
Dec 28 2025 10:10 AM IST
share
Share Via
Why is Oil India falling/rising?
Nov 29 2025 12:32 AM IST
share
Share Via