Reliance Industries has emerged as one of the most active stock calls today amid mixed performance.

Reliance Industries Ltd, a prominent player in the oil exploration and refinery sector, has emerged as one of the most active stocks today. The company’s underlying stock, RELIANCE, is currently trading at a value of Rs 1274.00. Notably, the call options expiring on April 24, 2025, with a strike price of Rs 1300, have seen significant activity, with 11,996 contracts traded and a turnover of Rs 1,027.74 lakhs. The open interest stands at 17,828 contracts, indicating a robust interest in these options.
Despite this activity, Reliance Industries has underperformed its sector by 0.33% today, reflecting a 1.03% decline in its stock price. This marks the second consecutive day of losses, with a total drop of 1.15% over this period. The stock's performance metrics reveal that it is currently above its 20-day, 50-day, and 100-day moving averages, yet below its 5-day and 200-day moving averages.

Investor participation appears to be waning, with a delivery volume of 1.04 crore on March 28, down 12.16% compared to the 5-day average. However, the stock remains liquid enough for trading, with a size of Rs 42.64 crore based on 2% of the 5-day average traded value. Overall, Reliance Industries continues to be a focal point in the market, reflecting both activity and challenges in its recent performance.