RBL Bank Sees Surge in Open Interest Amid Increased Trading Activity

Mar 24 2025 02:00 PM IST
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RBL Bank Ltd has seen a significant rise in open interest, reaching 36,991 contracts, alongside a trading volume of 33,360 contracts. The stock has outperformed its sector and demonstrated consistent gains over the past two days, indicating heightened trading activity and a dynamic market position.
RBL Bank Ltd has experienced a notable increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 36,991 contracts, marking an increase of 3,446 contracts or 10.27% from the previous open interest of 33,545. The trading volume for the day reached 33,360 contracts, contributing to a total futures value of approximately Rs 83,071.76 lakhs and an options value of Rs 6,355.62 lakhs, bringing the total to Rs 84,522.93 lakhs.

In terms of price performance, RBL Bank has outperformed its sector by 2.73%, with a 1-day return of 4.68%. The stock has shown consistent gains over the past two days, accumulating a total return of 6.88%. Today, RBL Bank reached an intraday high of Rs 176.49, reflecting a rise of 4.87%. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Overall, the increase in open interest alongside the stock's recent performance indicates a significant level of trading activity, underscoring the current dynamics in RBL Bank's market position.
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