Surge in Open Interest Signals Increased Activity for Oracle Financial Services Software

Apr 23 2025 01:00 PM IST
share
Share Via
Oracle Financial Services Software Ltd has seen a significant rise in open interest, reaching 33,034 contracts, alongside a trading volume of 52,861 contracts, indicating active participation in the derivatives market. The stock has gained 3.93% today, continuing a seven-day upward trend, despite a decline in delivery volume.
Oracle Financial Services Software Ltd (OFSS) has experienced a notable increase in open interest today, reflecting heightened activity in the derivatives market. The latest open interest stands at 33,034 contracts, up from the previous figure of 29,973, marking a change of 3,061 contracts or a 10.21% increase. The trading volume for the day reached 52,861 contracts, indicating robust participation in the stock's futures market.

In terms of price performance, Oracle Financial Services Software has shown resilience, gaining 3.93% today, which aligns with the broader IT - Software sector's increase of 3.7%. The stock has been on an upward trajectory, achieving consecutive gains over the past seven days, resulting in a total return of 14.98% during this period. The stock reached an intraday high of Rs 8,539.5, reflecting a 4.36% increase.

Despite the positive price movement, there has been a decline in delivery volume, which fell by 60.61% compared to the five-day average. The stock remains liquid, with a trading capacity sufficient for a trade size of Rs 2.76 crore. Overall, the increase in open interest alongside the stock's performance highlights a significant moment for Oracle Financial Services Software in the current market landscape.
{{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