SBI Life Insurance Sees Surge in Open Interest Amid Active Derivatives Trading

Apr 21 2025 12:00 PM IST
share
Share Via
SBI Life Insurance Company Ltd has seen a notable rise in open interest, reaching 53,792 contracts, indicating increased activity in its derivatives market. The trading volume for the day was 24,853 contracts, while the stock has shown strong performance over the past week, despite a slight decline in delivery volume.
SBI Life Insurance Company Ltd (SBILIFE) has experienced a significant increase in open interest today, reflecting heightened activity in its derivatives market. The latest open interest stands at 53,792 contracts, up from the previous figure of 48,460, marking a change of 5,332 contracts or an 11.0% increase. The trading volume for the day reached 24,853 contracts, contributing to a total futures value of approximately Rs 59,633.23 lakhs and an options value of around Rs 9,109.80 lakhs.

In terms of price performance, SBI Life has underperformed its sector by 1.35% today, despite a notable 9.2% gain over the past five days. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in the short to medium term. However, delivery volume has seen a decline of 4.26% compared to the 5-day average, with a total of 8.48 lakh shares delivered on April 17.

Overall, the increase in open interest alongside the stock's recent performance highlights a dynamic trading environment for SBI Life Insurance, reflecting ongoing developments in the finance and NBFC sector.
{{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