Sun Pharmaceutical Sees Surge in Open Interest Amid Increased Trading Activity

Apr 03 2025 12:00 PM IST
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Sun Pharmaceutical Industries Ltd has seen a notable rise in open interest, reaching 78,979 contracts, alongside a trading volume of 109,569 contracts. The stock has outperformed its sector and is trading above key moving averages, indicating strong market engagement and liquidity.
Sun Pharmaceutical Industries Ltd (symbol: SUNPHARMA) has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 78,979 contracts, up from the previous figure of 62,143, marking a change of 16,836 contracts or a 27.09% increase. The trading volume for the day reached 109,569 contracts, indicating robust market engagement.

In terms of price performance, Sun Pharma has outperformed its sector by 1.84%, with the stock gaining 5.27% over the past two days. Today, it opened with a gain of 2.41% and reached an intraday high of Rs 1,812.7, reflecting a 5.78% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

The pharmaceuticals and drugs sector overall has seen a gain of 2.51%. Additionally, the delivery volume on April 2 was recorded at 26.1 lakh shares, which is a 54.45% increase compared to the 5-day average. With a market capitalization of Rs 4,29,420.98 crore, Sun Pharmaceutical Industries continues to demonstrate solid liquidity and trading activity. Overall, the notable rise in open interest underscores the stock's active trading environment today.
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